Pixelworks Inc [NASDAQ: PXLW] surged by $1.47 during the normal trading session on previous day and reaching a high of N/A during the day while it closed the day at $6.73.
Pixelworks Inc stock has also gained 32.74% of its value over the past 7 days. However, PXLW stock has declined by -22.93% in the 3 months of the year. Over the past six months meanwhile, it has lost -27.16% and lost -23.12% year-on date.
The market cap for PXLW stock reached $35.30 million, with 5.25 million shares outstanding and 4.27 million shares in the current float. Compared to the average trading volume of 22.65K shares, PXLW reached a trading volume of 117914 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Pixelworks Inc [PXLW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PXLW shares is $16.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PXLW stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Pixelworks Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 09, 2024. The new note on the price target was released on January 18, 2022, representing the official price target for Pixelworks Inc stock. Previously, the target price had yet another raise to $7, while Needham analysts kept a Buy rating on PXLW stock.
The Average True Range (ATR) for Pixelworks Inc is set at 0.58, with the Price to Sales ratio for PXLW stock in the period of the last 12 months amounting to 1.03.
PXLW stock trade performance evaluation
Pixelworks Inc [PXLW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.74. With this latest performance, PXLW shares gained by 9.88% in over the last four-week period, additionally sinking by -27.16% over the last 6 months – not to mention a drop of -45.02% in the past year of trading.
Pixelworks Inc [PXLW]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Pixelworks Inc [PXLW] shares currently have an operating margin of -93.06% and a Gross Margin at 51.73%. Pixelworks Inc’s Net Margin is presently recorded at -91.73%.
Return on Equity for this stock declined to -41.81%, with Return on Assets sitting at -41.81%.
Pixelworks Inc [PXLW]: Institutional Ownership
There are presently around $20.48%, or 21.89%% of PXLW stock, in the hands of institutional investors. The top three institutional holders of PXLW stocks are: VANGUARD GROUP INC with ownership of 3.28 million shares, which is approximately 5.6428%. BAIRD FINANCIAL GROUP, INC., holding 2.95 million shares of the stock with an approximate value of $$2.9 million in PXLW stocks shares; and BAIRD FINANCIAL GROUP, INC., currently with $$1.3 million in PXLW stock with ownership which is approximately 2.2782%.
