Maxwell Technologies Inc. (MXWL) Trading 3.5% Higher
Shares of Maxwell Technologies Inc. (NASDAQ:MXWL) traded up 3.5% on Tuesday . The stock traded as high as $5.33 and last traded at $5.30, with a volume of 57,712 shares trading hands. The stock had previously closed at $5.12.
Several analysts have recently weighed in on the stock. Canaccord Genuity reaffirmed a “hold” rating on shares of Maxwell Technologies in a report on Wednesday, May 4th. Roth Capital assumed coverage on shares of Maxwell Technologies in a report on Monday, May 23rd. They issued a “neutral” rating and a $6.00 target price on the stock. Finally, Zacks Investment Research raised shares of Maxwell Technologies from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a report on Tuesday, July 5th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $5.88.
The firm’s 50 day moving average is $5.27 and its 200 day moving average is $5.67. The stock’s market cap is $166.85 million.
Maxwell Technologies (NASDAQ:MXWL) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.13) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.06) by $0.07. During the same quarter last year, the business earned ($0.11) EPS. The business had revenue of $34.10 million for the quarter, compared to analysts’ expectations of $35.08 million. Maxwell Technologies’s revenue was down 9.8% compared to the same quarter last year. On average, analysts expect that Maxwell Technologies Inc. will post ($0.56) EPS for the current year.
Maxwell Technologies, Inc develops, manufactures and markets energy storage and power delivery products for transportation, industrial, information technology and other applications and microelectronic products for space and satellite applications. The Company offers three product lines: Ultracapacitors, High-Voltage Capacitors and Radiation-Hardened Microelectronic Products.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.