Axe Compute (NASDAQ:AGPU) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Axe Compute (NASDAQ:AGPU) from a hold rating to a sell rating in a report issued on Thursday morning.

Separately, Weiss Ratings raised Axe Compute from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Axe Compute presently has an average rating of “Sell”.

Axe Compute Stock Performance

NASDAQ:AGPU opened at $7.36 on Thursday. The stock’s 50-day moving average is $6.97. The company has a market cap of $84.57 million, a P/E ratio of -0.90 and a beta of 3.43. Axe Compute has a 52-week low of $1.03 and a 52-week high of $32.10.

Axe Compute (NASDAQ:AGPU) last released its earnings results on Friday, May 15th. The company reported ($0.36) earnings per share for the quarter. Axe Compute had a negative net margin of 470,383.31% and a negative return on equity of 7,363.67%. The company had revenue of $0.04 million during the quarter.

Axe Compute Company Profile

Axe Compute (NASDAQ: AGPU) is an AI infrastructure company focused on providing enterprise-grade graphics processing unit (GPU) compute capacity for artificial intelligence, machine learning and other high-performance computing workloads. The company positions itself as an alternative to traditional hyperscale cloud providers by offering dedicated, bare-metal GPU infrastructure designed to give customers greater control over hardware configuration, deployment location and workload performance.

Its services include access to dedicated GPU clusters that can be configured for AI training, inference, simulation, diffusion models and other compute-intensive applications.