Investment Potential for AXT, Inc. (AXTI): A Closer Look

Currently, the 1st Resistance Point for this stock is $3.21, with a 2nd Resistance Point sitting at $3.31. Meanwhile, this company’s stock has a 1st Support Level at $3.03 and a 2nd Support Level at $2.95. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of AXT, Inc. (AXTI) was $3.11. AXT, Inc. (AXTI) stock has lost $0.15, in the past five days. In the last full month, these shares have lost -$0.08, or -2.35%. In the past three months, this stock’s price has fallen by -$0.28, or -8.26%. This year-to-date, AXT, Inc. (AXTI) shares have lost -$1.24, or -28.51%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For AXT, Inc. (AXTI) stock, 50% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 40,220 K shares outstanding, this company currently has a market capitalization of $127,095K. AXT, Inc. (AXTI) generates $102,400 K in annual sales, amounting to annual net income of $9,650 K. This stock has generated a 1-Year Total Return of -43.56%, a 3-Year Total Return of -32.77%, and a 5-year Total Return of 14.08%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in 09/19, AXT, Inc. (AXTI) reported earnings of -$0.02 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.03 per share, representing a 0.01 difference and 33.33% surprise. In the previous quarter ending in 06/19, the reported earnings of $0.04 represented equal from the consensus estimate calling for $0.04 per share.

For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is -$0.06 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was -$0.05 and the low estimate was -$0.07. In the year-ago quarter, AXT, Inc. (AXTI) generated per-share earnings of -$0.03. If the analysts are correct about the current quarter’s earnings, the growth will be -100.00%.

Turning our focus now to insider trading activity, there have been 2 purchases (204,270 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 2 insider buys amounting to 204,270 shares and 0 insider sales amounting to 0 shares. In the past full year, 5 insider purchases were made (involving 319,469 shares) and 0 insider sell-offs equivalent to 0 shares.

Moving onto liquidity, AXT, Inc. (AXTI) has a Current Ratio of 4.48, a Quick Ratio of 2.44 and a Cash Ratio of 1.35.