Overall market sentiment has been high on AXT Inc (AXTI) stock lately. AXTI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
AXT Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AXTI!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With AXTI Stock Today?
AXT Inc (AXTI) stock is down -17.55% while the S&P 500 has risen 2.63% as of 1:00 PM on Tuesday, Oct 4. AXTI is lower by -$1.23 from the previous closing price of $7.01 on volume of 845,615 shares. Over the past year the S&P 500 is down -12.21% while AXTI is lower by -27.11%. AXTI earned $0.36 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.1.
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More About AXT Inc
AXT Inc is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific of which China derives maximum revenue to the company.
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