An Maxar Technologies Inc. (MAXR) SVP and CHRO Sells 4860.0 Shares

SNOW Stock
SNOW Stock

Maxar Technologies Inc. (NYSE:MAXR) finished Friday with an addition of $0.09 to close at $51.74, an upside of 0.17 percent. An average of 1,200,260 shares of common stock have been traded in the last five days. There was a fall of -$0.02 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 2,113,250 shares traded, while the 50-day average volume stands at 1,188,824.

MAXR stock has increased by 113.80% in the last month. The company shares reached their 1-month lowest point of $22.78 on 12/15/22. With the stock rallying to its 52-week high on 12/16/22, shares of the company touched a low of $17.51 and a high of $51.93 in 52 weeks. It has reached a new high 15 times so far this year and achieved 75.21% or $22.21 in price. In spite of this, the price is down -0.37% from the 52-week high.

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Insider Transactions

MAXR stock investors should be aware that Maxar Technologies Inc. (MAXR) stock had its last reported insider trading activity 214 days ago on May 31.

Valuation Metrics

Maxar Technologies Inc. (MAXR) has a trailing price-to-earnings (P/E) ratio of 172.47. The stock’s beta is 0.91. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.21, the price-to-book (PB) ratio at 2.63.

The company has a payout ratio of 9.50%. The company’s most recent quarterly dividend payment was $0.01 a share, without any change from last year. Its latest decrease dividend $0.2730 reported on Monday March 4 2019.

Financial Health

The quick ratio of Maxar Technologies Inc. for the three months ended September 29 was 0.90, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.49 and a total debt to equity ratio of 1.50 for the quarter ending September 29. Its gross profit as reported stood at $786.0 million compared to revenue of $1.77 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Maxar Technologies Inc.’s return on assets was 0.70%.

Earnings Surprise

For the three-month period that ended September 29, Maxar Technologies Inc. had $2.17 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$4.0 million in the quarter, while revenues were grew 1225.0%. The analyst consensus anticipated Maxar Technologies Inc.’s latest quarter earnings to come in at $0.29 per share, but it turned out to be -$0.05, a -117.20% surprise. For the quarter, EBITDA amounted to $112.0 million. Shareholders own equity worth $74.56 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Maxar Technologies Inc. (MAXR) price momentum. RSI 9-day as of the close on 30 December was 87.91%, suggesting the stock is Overbought, with historical volatility in this time frame at 7.18%.

As of today, MAXR’s price is $51.65 -0.04% or -$0.02 from its 5-day moving average. MAXR is currently trading +108.63% higher than its 20-day SMA and +81.16% higher than its 100-day SMA. However, the stock’s current price level is +153.13% above the SMA50 and +59.89% above the SMA200.

The stochastic %K and %D were 98.94% and 98.88%, respectively, and the average true range (ATR) was 1.67. With the 14-day stochastic at 99.35% and the average true range at 1.76, the RSI (14) stands at 84.91%. The stock has reached 0.02 on the 9-day MACD Oscillator while the 14-day reading was at 7.88.

Analyst Ratings

Truist downgraded Maxar Technologies Inc. (NYSE: MAXR) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy.


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