Roth Capital set a $5.00 target price on Maxwell Technologies Inc. (NASDAQ:MXWL) in a research report released on Monday morning. The brokerage currently has a a hold rating on the stock.

Several other equities analysts have also recently weighed in on MXWL. Zacks Investment Research raised shares of Maxwell Technologies from a hold rating to a buy rating and set a $6.00 target price for the company in a research note on Tuesday, July 5th. Canaccord Genuity reaffirmed a hold rating and set a $4.50 target price on shares of Maxwell Technologies in a research note on Tuesday, August 16th.

Maxwell Technologies (NASDAQ:MXWL) opened at 5.13 on Monday. The company’s market capitalization is $163.34 million. Maxwell Technologies has a 52 week low of $4.20 and a 52 week high of $8.04. The stock’s 50 day moving average is $5.06 and its 200 day moving average is $5.56.

Maxwell Technologies (NASDAQ:MXWL) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by $0.07. The firm had revenue of $34.10 million for the quarter, compared to the consensus estimate of $35.08 million. Maxwell Technologies had a negative net margin of 5.05% and a negative return on equity of 10.45%. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.11) earnings per share. On average, equities research analysts expect that Maxwell Technologies will post ($0.56) earnings per share for the current year.

Several institutional investors have recently modified their holdings of the company. Ancora Advisors LLC boosted its position in shares of Maxwell Technologies by 2.2% in the second quarter. Ancora Advisors LLC now owns 140,200 shares of the company’s stock worth $740,000 after buying an additional 3,000 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Maxwell Technologies by 0.6% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 582,176 shares of the company’s stock worth $3,458,000 after buying an additional 3,362 shares during the last quarter. Essex Investment Management Co. LLC boosted its position in shares of Maxwell Technologies by 5.6% in the second quarter. Essex Investment Management Co. LLC now owns 87,722 shares of the company’s stock worth $463,000 after buying an additional 4,616 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Maxwell Technologies by 7.7% in the first quarter. Geode Capital Management LLC now owns 176,224 shares of the company’s stock worth $1,046,000 after buying an additional 12,578 shares during the last quarter. Finally, Algert Global LLC boosted its position in shares of Maxwell Technologies by 46.3% in the second quarter. Algert Global LLC now owns 53,108 shares of the company’s stock worth $280,000 after buying an additional 16,816 shares during the last quarter. 54.56% of the stock is owned by institutional investors and hedge funds.

Maxwell Technologies Company Profile

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.

5 Day Chart for NASDAQ:MXWL

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