In last trading session, AXT Inc (NASDAQ:AXTI) saw 0.28 million shares changing hands with its beta currently measuring 2.06. Company’s recent per share price level of $2.03 trading at -$0.14 or -6.45% at ring of the bell on the day assigns it a market valuation of $92.58M. That closing price of AXTI’s stock is at a discount of -98.52% from its 52-week high price of $4.03 and is indicating a premium of 44.33% from its 52-week low price of $1.13. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.42 million shares which gives us an average trading volume of 438.21K if we extend that period to 3-months.
For AXT Inc (AXTI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
AXT Inc (NASDAQ:AXTI) trade information
Upright in the red during last session for losing -6.45%, in the last five days AXTI remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $2.03 price level, adding 8.97% to its value on the day. AXT Inc’s shares saw a change of -45.72% in year-to-date performance and have moved 10.33% in past 5-day. AXT Inc (NASDAQ:AXTI) showed a performance of 31.82% in past 30-days. Number of shares sold short was 0.57 million shares which calculate 0.98 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5.25 to the stock, which implies a rise of 61.33% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -146.31% in reaching the projected high whereas dropping to the targeted low would mean a loss of -146.31% for stock’s current value.
AXT Inc (AXTI) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -31.22% during past 5 years.
AXT Inc (NASDAQ:AXTI)’s Major holders
Insiders are in possession of 7.20% of company’s total shares while institution are holding 34.75 percent of that, with stock having share float percentage of 37.45%. Investors also watch the number of corporate investors in a company very closely, which is 34.75% institutions for AXT Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AXTI for having 2.3 million shares of worth $7.76 million. And as of 2024-06-30, it was holding 5.3286 of the company’s outstanding shares.
The second largest institutional holder is NEEDHAM INVESTMENT MANAGEMENT LLC, which was holding about 1.54 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.5762 of outstanding shares, having a total worth of $5.21 million.
