Tag: MXL

Maxlinear Inc and Celgene Corporation have bullish sentiments

MXL– MaxLinear, Inc provides integrated, radio-frequency (RF) mixed-signal integrated circuits for broadband communications and data center and other network applications.

MXL – MaxLinear, Inc

Fundamentals Previously closed at 18.54
Day’s high 18.58
Day’s low 17.86
P/E ratio NA
EPS -0.82

 

Analysts opinion The business it is in, as a producer of Radio Frequency and mixed-signal circuits has a huge potential, with the trend of consumers’ demand for higher quality video streaming, and increased content online. MXL gained 10.9% in the last four weeks. It is expected to grow (EPS) at an exceptional 45.2%. The sell-side analysts have a 1.14 rating for the stock indicating a “Strong Buy”. Deere & Co boosted its stake in MXL by 0.7%, California State Teachers Retirement System increased its stake by 1.7%, American Century companies Inc., AlphaMark Advisors LLC and Numeric Investors LLC etc. acquired new stakes in MXL last quarter.
Technically, MXL is supposedly forming a second stage cup with handle base. It has support/resistance levels at $18.50 and $13.77. Insider Curtis Ling, the Chief Technical Officer sold 36,800 shares of the company on Tuesday at an average price of $18.02.
Sentiments Due to the news, the investor sentiments may be bullish for the stock.
Revenue Prediction Analysts are expecting the revenue to grow at 42% this next quarter and 32% for the year.
Social Media Pulse The stock has 55% higher chatter than usual.

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