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.
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.
B. Riley Securities downgraded its Axcelis Technologies Inc [ACLS] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Mkt perform”. The Benchmark Company also remained covering ACLS and has decreased its forecast on November 08, 2024 with a “Hold” recommendation from previously “Buy” rating. Craig Hallum revised its rating on May 03, 2024. It rated ACLS as “a Buy” which previously was an “a Hold”.
Price Performance Review of ACLS
On Tuesday, Axcelis Technologies Inc [NASDAQ:ACLS] saw its stock jump 1.14% to $62.86. Over the last five days, the stock has gained 14.94%. Axcelis Technologies Inc shares have fallen nearly -10.03% since the year began. Nevertheless, the stocks have fallen -44.39% over the past one year. While a 52-week high of $158.61 was reached on 01/06/25, a 52-week low of $40.40 was recorded on 04/07/25. SMA at 50 days reached $52.51, while 200 days put it at $77.82.
Levels Of Support And Resistance For ACLS Stock
The 24-hour chart illustrates a support level at 62.02, which if violated will result in even more drops to 61.17. On the upside, there is a resistance level at 63.92. A further resistance level may holdings at 64.99. The Relative Strength Index (RSI) on the 14-day chart is 72.16, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.18, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.05%. Stochastics %K at 86.65% indicates the stock is a selling.
