Maxwell Technologies Inc. (MXWL) Stock Price Up 3.5%
Maxwell Technologies Inc. (NASDAQ:MXWL)’s share price rose 3.5% during mid-day trading on Tuesday . The company traded as high as $5.33 and last traded at $5.30, with a volume of 57,712 shares. The stock had previously closed at $5.12.
MXWL has been the topic of a number of research reports. Canaccord Genuity reaffirmed a “hold” rating on shares of Maxwell Technologies in a research report on Wednesday, May 4th. Roth Capital initiated coverage on shares of Maxwell Technologies in a research report on Monday, May 23rd. They set 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 research report on Tuesday, July 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Maxwell Technologies presently has a consensus rating of “Hold” and an average target price of $5.88.
The firm’s market cap is $162.39 million. The firm has a 50 day moving average price of $5.26 and a 200-day moving average price of $5.66.
Maxwell Technologies (NASDAQ:MXWL) last released its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.07. During the same period in the prior year, the business posted ($0.11) earnings per share. The business earned $34.10 million during the quarter, compared to analysts’ expectations of $35.08 million. The firm’s revenue was down 9.8% on a year-over-year basis. Analysts forecast that Maxwell Technologies Inc. will post ($0.56) EPS for the current fiscal 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.
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