SolarMax Technology Inc [NASDAQ: SMXT] jumped around 0.73 points on Tuesday, while shares priced at $1.66 at the close of the session, up 78.49%.
Compared to the average trading volume of 141.49K shares, SMXT reached a trading volume of 322356866 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has SMXT stock performed recently?
SolarMax Technology Inc [SMXT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 61.17. With this latest performance, SMXT shares gained by 46.90% in over the last four-week period, additionally sinking by -2.35% over the last 6 months – not to mention a rise of 2.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SMXT stock in for the last two-week period is set at 80.76, with the RSI for the last a single of trading hit 0.2244, and the three-weeks RSI is set at 0.1325 for SolarMax Technology Inc [SMXT]. The present Moving Average for the last 50 days of trading for this stock 1.1070, while it was recorded at 1.1020 for the last single week of trading, and 1.2563 for the last 200 days.
SolarMax Technology Inc [SMXT]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and SolarMax Technology Inc [SMXT] shares currently have an operating margin of -33.83% and a Gross Margin at 17.38%. SolarMax Technology Inc’s Net Margin is presently recorded at -70.34%.
SolarMax Technology Inc (SMXT) Capital Structure & Debt Analysis
SolarMax Technology Inc (SMXT) Efficiency & Liquidity Metrics
SolarMax Technology Inc (SMXT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, SolarMax Technology Inc. (SMXT) effectively leverages its workforce, generating an average of -$223552.63 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.51% and a Quick Ratio of 0.45%, indicating strong ability to cover short-term liabilities.
Insider trade positions for SolarMax Technology Inc [SMXT]
There are presently around $7.18%, or 10.51% of SMXT stock, in the hands of institutional investors. The top three institutional holders of SMXT stocks are: INVESCO LTD. with ownership of 0.34 million shares, which is approximately 0.7482%. MILLENNIUM MANAGEMENT LLC, holding 0.25 million shares of the stock with an approximate value of $$0.83 million in SMXT stocks shares; and MILLENNIUM MANAGEMENT LLC, currently with $$0.37 million in SMXT stock with ownership which is approximately 0.2485%.
