Maxeon Solar Technologies Ltd. (MAXN) saw an uptrend of 10.21% in the recent, registering $18.78 being its most recent bid. The distance of current price level is -50.08% lower than the highest price of $37.62 marked by the stock while trading over the past 52-weeks, whereas it is 59.42% higher than the lowest price of $11.78 the company dropped to over past 52-weeks. The latest news story on MAXN appeared in PR Newswire under the title “Maxeon Solar Technologies to Present on UBS Global Energy Transition Call Series” on Oct-06-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -21.75% below one month high and is +59.42% above of the lowest during that time.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $165.01 billion while analysts on average were estimating the same to be $165.01 million.
2 analysts covering the stock at Wall Street were agreed upon that EPS consensus.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 32.40 million of MAXN’s outstanding shares.
As on Aug 30, 2020, Invesco ETF TR II-Invesco Solar ETF was the top most holder in Maxeon Solar Technologies Ltd. (NASDAQ:MAXN) with an ownership of 0.53 million shares of the company or 2.48% of the stake worth $10.95 million. The filing also reveals iShares Global Clean Energy ETF as the second largest holder in the company with a control over 1.18% of the stake or worth of $5.21 million for having 0.25 million shares in hand.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Maxeon Solar Technologies Ltd. And review of current evaluations agreed by the analysts discloses a Buy rating for MAXN. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock. Lower value of between 1 and 2 implies a Buy recommendation whereas the value in the range of above 4 suggests Hold while below 1 recommends the investors to Sell the stock. Currently, the stock has been recommended as Hold by 2 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, liquidity recorded by Maxeon Solar Technologies Ltd. was 1.19 while posting a debt to equity ratio of 0.15. The count was 5.47 for long-term debt to equity ratio.
The rising figure indicates that MAXN came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Solar industry and with the broader scale at the Technology sector level shows that industry’s average ROE is 5.66.