A share price of Pixelworks Inc [PXLW] is currently trading at $2.91, up 7.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PXLW shares have gain 12.79% over the last week, with a monthly amount glided 42.65%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 6, March 2024, Pixelworks to Participate at the 36th Annual ROTH Conference on March 18. In a post published today on Yahoo Finance, Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced the Company will participate at the 36th Annual ROTH Conference to be held at the Ritz-Carlton, Laguna Niguel in Dana Point, CA. Todd DeBonis, President and CEO, and Haley Aman, CFO, are scheduled to host meetings with participating investors on Monday, March 18, 2024.
From an analyst’s perspective:
Pixelworks Inc [NASDAQ: PXLW] stock has seen the most recent analyst activity on February 09, 2024, when Needham reiterated its Buy rating and also boosted its price target to $3.50 from $3. Previously, Colliers Securities upgraded its rating to Buy on January 18, 2022, and kept the price target unchanged to $5. On October 11, 2021, Needham initiated with a Buy rating and assigned a price target of $7 on the stock. Colliers Securities downgraded its rating to a Neutral. Lake Street upgraded its rating to a Buy. Lake Street downgraded its rating to Hold for this stock on November 01, 2019, but kept the price target unchanged to $3.50. In a note dated May 03, 2019, Dougherty & Company reiterated an Buy rating on this stock and revised its target price from $6.50 to $5.50.
Pixelworks Inc experienced fluctuations in its stock price throughout the past year between $1.01 and $2.98. Pixelworks Inc [NASDAQ: PXLW] shares were valued at $2.91 at the most recent close of the market.
Analyzing the PXLW fundamentals
Trailing Twelve Months sales for Pixelworks Inc [NASDAQ:PXLW] were 59.68M which represents 18.87% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at -0.48%, Pretax Profit Margin comes in at -0.45%, and Net Profit Margin reading is -0.45%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -1.43 and Total Capital is -0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.74 points at the first support level, and at 2.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.08, and for the 2nd resistance point, it is at 3.25.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pixelworks Inc [NASDAQ:PXLW] is 5.26. In addition, the Quick Ratio stands at 4.94 and the Cash Ratio stands at 3.87. Considering the valuation of this stock, the price to sales ratio is 2.79, the price to book ratio is 10.17.
Transactions by insiders
Recent insider trading involved Aman Haley F, Chief Financial Officer, that happened on Feb 16 ’24 when 12563.0 shares were sold. President and CEO, DEBONIS TODD completed a deal on Feb 15 ’24 to sell 56412.0 shares. Meanwhile, Chief Financial Officer Aman Haley F sold 17926.0 shares on Feb 15 ’24.
