SolarMax Technology Inc [NASDAQ: SMXT] gained 0.92% on the last trading session, reaching $1.10 price per share at the time.
SolarMax Technology Inc represents 45.83 million in outstanding shares, while the company has a total market value of $52.14 million with the latest information. SMXT stock price has been found in the range of $1.09 to $1.13.
If compared to the average trading volume of 112.03K shares, SMXT reached a trading volume of 115700 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SolarMax Technology Inc [SMXT]:
The Average True Range (ATR) for SolarMax Technology Inc is set at 0.06, with the Price to Sales ratio for SMXT stock in the period of the last 12 months amounting to 2.16.
Trading performance analysis for SMXT stock
SolarMax Technology Inc [SMXT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.79. With this latest performance, SMXT shares dropped by -3.51% in over the last four-week period, additionally sinking by -31.25% over the last 6 months – not to mention a drop of -76.34% in the past year of trading.
SolarMax Technology Inc [SMXT]: A deeper dive into fundamental analysis
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%.
Return on Equity for this stock declined to -36.42%, with Return on Assets sitting at -36.42%.
An analysis of Institutional ownership at SolarMax Technology Inc [SMXT]
There are presently around $7.05%, or 10.32%% 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%.
