AXT Inc (NASDAQ:AXTI) price on Thursday, July 03, rose 2.88% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.14.
A look at the stock’s price movement, the close in the last trading session was $2.08, moving within a range at $2.08 and $2.165. The beta value (5-Year monthly) was 1.983. Turning to its 52-week performance, $4.03 and $1.13 were the 52-week high and 52-week low respectively. Overall, AXTI moved 24.06% over the past month.
AXT Inc’s market cap currently stands at around $97.60 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-01.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AXTI is a 100% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend AXTI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AXTI’s current price about 6.76% and 28.43% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.77, while 7-day volatility ratio is 6.85% and 8.70% in the 30-day chart. Further, AXT Inc (AXTI) has a beta value of 2.10. Analysts have given the company’s stock an average 52-week price target of $5.25, forecast between a low of $5 and high of $6. Looking at the price targets, the low is -133.64% off current price level while to achieve the yearly target high, price needs to move -180.37%. Nonetheless, investors will most likely welcome a -145.33% jump to $5.25 which is the analysts’ median price.
If we refocus on AXT Inc (NASDAQ:AXTI), historical trading data shows that trading volumes averaged 0.3 over the past 10 days and 416.32K over the past 3 months. The company’s latest data on shares outstanding shows there are 45.60 million shares.
The 8.33% of AXT Inc’s shares are in the hands of company insiders while institutional holders own 31.85% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.57 million on 2025-06-13, giving us a short ratio of 0.98. The data shows that as of 2025-06-13 short interest in AXT Inc (AXTI) stood at 134.000005 of shares outstanding, with shares short falling to 0.88 million registered in 2025-05-15. Current price change has pushed the stock -37.97% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AXTI stock continues to rise going into the next quarter.
