Axcelis Technologies Inc’s recently made public that its Officer DOUGLAS LAWSON acquired Company’s shares for reported $0.81 million on Aug 29 ’24. In the deal valued at $112.07 per share,7,254 shares were bought.
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
Then, Titinger Jorge sold 6,086 shares, generating $669,338 in total proceeds. Upon selling the shares at $109.98, the Director now owns 5,891 shares.
Before that, JORGE TITINGER bought 6,086 shares. Axcelis Technologies Inc shares valued at $669,338 were divested by the Director at a price of $109.98 per share.
The Benchmark Company downgraded its Axcelis Technologies Inc [ACLS] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in early May from “a Hold” to “a Buy”. BofA Securities also remained covering ACLS and has decreased its forecast on December 15, 2023 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities started covering the stock on September 15, 2023. It rated ACLS as “a Buy”.
Price Performance Review of ACLS
On Monday, Axcelis Technologies Inc [NASDAQ:ACLS] saw its stock jump 3.20% to $77.47. Over the last five days, the stock has gained 7.39%. Axcelis Technologies Inc shares have fallen nearly -40.27% since the year began. Nevertheless, the stocks have fallen -39.65% over the past one year. While a 52-week high of $158.61 was reached on 07/10/24, a 52-week low of $69.35 was recorded on 11/20/24. SMA at 50 days reached $91.56, while 200 days put it at $110.09.
Levels Of Support And Resistance For ACLS Stock
The 24-hour chart illustrates a support level at 75.90, which if violated will result in even more drops to 74.33. On the upside, there is a resistance level at 78.51. A further resistance level may holdings at 79.55. The Relative Strength Index (RSI) on the 14-day chart is 38.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.88%. Stochastics %K at 25.62% indicates the stock is a holding.
How much short interest is there in Axcelis Technologies Inc?
A steep rise in short interest was recorded in Axcelis Technologies Inc stocks on 2024-10-31, growing by 2.21 million shares to a total of 4.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.1 million shares. There was a rise of 51.32%, which implies that there is a positive sentiment for the stock.
