logo

Maxeon Solar Technologies Ltd’s Shares Reel: 0.71% Quarterly Revenue Decline Amid 129.82M Market Cap

CROX

The market performance of Maxeon Solar Technologies Ltd’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $735.00 on 01/03/24, while the lowest value for the same duration was $4.98 on 10/14/24.

52-week price history of MAXN Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Maxeon Solar Technologies Ltd’s current trading price is -98.84% away from its 52-week high, while its distance from the 52-week low is 70.48%. The stock’s price range during the 52-week period has remained between $4.98 and $735.00. In the Technology sector, the company’s shares saw a trading volume of around 0.73 million for the day, which was evidently lower than the average daily volume of 1.33 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Maxeon Solar Technologies Ltd (MAXN) has experienced a quarterly rise of 0.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 129.82M and boasts a workforce of 3888 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.01, with a change in price of -7.44. Similarly, Maxeon Solar Technologies Ltd recorded 1,111,633 in trading volume during the last 100 days, posting a change of -46.70%.

MAXN Stock Stochastic Average

Maxeon Solar Technologies Ltd’s raw stochastic average for the past 50 days is presently 35.76%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 85.01%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 68.05% and 63.86%, respectively.

MAXN Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 12.60%. However, over the past six months, we’ve seen a stronger performance of -51.09%. The price of MAXN leaped by -1.85% over the last 30 days. And in the last five days, it has surged by 0.47%.

Most Popular