Weak Fundamental Momentum Pushes Maxeon Solar Technologies Ltd (MAXN) Lower

Maxeon Solar Technologies Ltd (NASDAQ:MAXN) has a beta value of 1.47 and has seen 14.18 million shares traded in the last trading session. The company, currently valued at $30.57M, closed the last trade at $0.55 per share which meant it lost -$0.3 on the day or -35.66% during that session. The MAXN stock price is -5247.27% off its 52-week high price of $29.41 and -54.55% below the 52-week low of $0.85. The 3-month trading volume is 4.51 million shares.

Maxeon Solar Technologies Ltd (NASDAQ:MAXN) trade information

Sporting -35.66% in the red in last session, the stock has traded in the red over the last five days, when the MAXN stock price touched $0.55 or saw a rise of 54.55%. Year-to-date, Maxeon Solar Technologies Ltd shares have moved -92.35%, while the 5-day performance has seen it change -48.47%. Over the past 30 days, the shares of Maxeon Solar Technologies Ltd (NASDAQ:MAXN) have changed -72.97%.

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Maxeon Solar Technologies Ltd (MAXN) estimates and forecasts

Figures show that Maxeon Solar Technologies Ltd shares have outperformed across the wider relevant industry. The company’s shares have lost -92.65% over the past 6 months, with this year growth rate of 43.87%, compared to -6.80% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 26.86% over the past 5 years.

MAXN Dividends

Maxeon Solar Technologies Ltd is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.