Axcelis Technologies Inc (NASDAQ:ACLS) shares, rose in value, with the stock price up by 0.36% to the previous day’s close as strong demand from buyers drove the stock to $44.78.
Actively observing the price movement in the last trading, the stock closed the session at $44.62, falling within a range of $43.9 and $44.9642. The value of beta (5-year monthly) was 1.584 whereas the PE ratio was 7.29 over 12-month period. Referring to stock’s 52-week performance, its high was $158.61, and the low was $40.40. On the whole, ACLS has fluctuated by -21.96% over the past month.
With the market capitalization of Axcelis Technologies Inc currently standing at about $1.44 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 785.94M, with a low estimate of 184.26M and a high estimate of 185.24M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 184.86M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACLS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ACLS currently trading nearly -8.57% and -19.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.04, while the 7-day volatility ratio is showing 4.74% which for the 30-day chart, stands at 6.82%. Furthermore, Axcelis Technologies Inc (ACLS)’s beta value is 1.53, and its average true range (ATR) is 3.35.
A comparison of Axcelis Technologies Inc (ACLS) with its peers suggests the former has fared considerably weaker in the market. ACLS showed an intraday change of 0.36% in last session, and over the past year, it shrunk by -57.07%%.
Data on historical trading for Axcelis Technologies Inc (NASDAQ:ACLS) indicates that the trading volumes over the past 10 days have averaged 0.92 and over the past 3 months, they’ve averaged 729.69K. According to company’s latest data on outstanding shares, there are 32.37 million shares outstanding.
Nearly 1.64% of Axcelis Technologies Inc’s shares belong to company insiders and institutional investors own 98.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.68 million shares as on 2025-03-31, resulting in a short ratio of 7.04. According to the data, the short interest in Axcelis Technologies Inc (ACLS) stood at 2099.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 4.48 million. The stock has fallen by -35.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACLS stock heading into the next quarter.
