During the last session, Maxeon Solar Technologies Ltd (NASDAQ:MAXN)’s traded shares were 0.35 million, with the beta value of the company hitting 1.39. At the end of the trading day, the stock’s price was $2.87, reflecting an intraday loss of -4.01% or -$0.12. The 52-week high for the MAXN share is $121.00, that puts it down -4116.03 from that peak though still a striking 13.24% gain since the share price plummeted to a 52-week low of $2.49. The company’s market capitalization is $48.49M, and the average intraday trading volume over the past 10 days was 0.18 million shares, and the average trade volume was 176.24K shares over the past three months.
Maxeon Solar Technologies Ltd (MAXN) received a consensus recommendation of Sell from analysts. That translates to a mean rating of 3.00. MAXN has a Sell rating from 2 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Maxeon Solar Technologies Ltd (NASDAQ:MAXN) trade information
Maxeon Solar Technologies Ltd (MAXN) registered a -4.01% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.01% in intraday trading to $2.87, hitting a weekly high. The stock’s 5-day price performance is -6.51%, and it has moved by -16.33% in 30 days. Based on these gigs, the overall price performance for the year is -97.50%. The short interest in Maxeon Solar Technologies Ltd (NASDAQ:MAXN) is 0.89 million shares and it means that shorts have 4.63 day(s) to cover.
The consensus price target of analysts on Wall Street is $3, which implies an increase of 4.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $8 respectively. As a result, MAXN is trading at a discount of -178.75% off the target high and 65.16% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 35.52%.
MAXN Dividends
Maxeon Solar Technologies Ltd is due to release its next quarterly earnings on 2025-Apr-30. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Maxeon Solar Technologies Ltd (NASDAQ:MAXN)’s Major holders
Maxeon Solar Technologies Ltd insiders own 59.92% of total outstanding shares while institutional holders control 4.62%, with the float percentage being 11.52%. GRAHAM CAPITAL MANAGEMENT, L.P. is the largest shareholder of the company, while 48.0 institutions own stock in it. As of 2024-06-30, the company held over 18.87 million shares (or 4.8546% of all shares), a total value of $16.1 million in shares.
The next largest institutional holding, with 4.87 million shares, is of HUDSON BAY CAPITAL MANAGEMENT LP’s that is approximately 1.2532% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.16 million.
