logo

MAXN: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -54.39%.However, over the last six months, we can see a stronger performance of -77.79%. Over the last 30 days, the price of MAXN has leaped by -38.88%. And in the last five days, it has fallen by -13.95%.

Maxeon Solar Technologies Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $38.91 on 05/12/23 and the lowest value was $3.51 on 03/12/24.

52-week price history of MAXN Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Maxeon Solar Technologies Ltd’s current trading price is -91.60% away from its 52-week high, while its distance from the 52-week low is -6.84%. The stock’s price range during this period has varied between$3.51 and $38.91. The Maxeon Solar Technologies Ltd’s shares, which operate in the Technology, saw a trading volume of around 3.13 million for the day, a figure considerably higher than their average daily volume of 2.59 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Maxeon Solar Technologies Ltd (MAXN) has experienced a quarterly decline of -23.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 172.59M and boasts a workforce of 5344 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.32, with a change in price of -5.92. Similarly, Maxeon Solar Technologies Ltd recorded 2,401,924 in trading volume during the last 100 days, posting a change of -64.42%.

MAXN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MAXN stands at 2.56. Similarly, the long-term debt-to-equity ratio is also 2.39.

MAXN Stock Stochastic Average

Maxeon Solar Technologies Ltd’s raw stochastic average for the past 50 days is presently 2.05%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 3.17%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 2.43% and 5.23%, respectively.

Most Popular