How to Buy Axt Stock
Axt Inc
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. It produces semiconductor substrates using its proprietary vertical gradient freeze technology.
Axt stock last closed at $2.92, up 2.82% from the previous day, and has decreased 3.95% in one year. It has underperformed other stocks in the Semiconductor Equipment & Materials industry by 0.5 percentage points. Axt stock is currently +54.5% from its 52-week low of $1.89, and -48.23% from its 52-week high of $5.64.
As of Apr 23, 2024, there are 44.25M AXTI shares outstanding. The market capitalization of AXTI is $129.20M. In the last 24 hours, 374,932 AXTI shares were traded.
How to Buy Axt Stock
Wondering how to invest in Axt stock? Here's how.
- Choose where to buy Axt stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Axt stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your details.
- Evaluate Axt stock: The Axt ticker symbol is AXTI. Is Axt stock a good investment? Should you buy shares of AXTI? How do AXTI's underlying business fundamentals look? Do top analysts think Axt is a good buy? Why has AXTI's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if AXTI is a good stock to buy).
- Place your AXTI purchase: Decide if you will purchase AXTI shares at the current market price or use a limit order to buy AXTI shares at a given price.
- Watch your investment in AXTI: Create a watchlist to get the latest news on your position in Axt shares.
Step 1: Choose where to buy Axt stock
You will need an online brokerage account to access the NASDAQ market and buy AXTI stock.
Our favorite brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Energy, New York to Tokyo — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal information so you are able to invest in AXTI today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best investment app, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Axt stock
Once you have figured out the best place to buy Axt stock, it's crucial to evaluate their stock before you buy, so you truly understand the risk as well as the upside.
Axt quick stats
Axt Fundamentals
WallStreetZen was built to help part-time investors do better fundamental analysis.
You can view all of the due diligence checks on AXTI's stock page.
Is AXTI stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AXTI's fair value.
Using relative valuations metrics:
- AXTI may be undervalued based on its P/B ratio of 0.63x, relative to Semiconductor Equipment & Materials industry P/B ratio of 11.16x
You can access additional valuation analysis on AXTI's stock here.
AXTI Financial Health
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the AXTI balance sheet.
- AXTI has $52.25M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.07M.
- AXTI has cash burn of 7072000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the AXTI balance sheet.
Negative Health Checks:
- AXTI has a relatively high debt to equity ratio of 0.44.
- AXTI profit margin has gone down from 11.2% to -23.6% in the past year.
- Total AXTI debt is higher than 5 years ago, relative to shareholder equity.
Is Axt stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Equities analysts who give recommendations on AXTI, the consensus analyst rating on AXTI is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Axt stock forecast page.
Metrics for Advanced AXTI Traders
How is AXTI performing as a company?
Last year, AXTI revenue was $75.80M. In the last 5 year, AXTI's revenue has grown by -5.84% per year. This was slower than the Semiconductor Equipment & Materials industry average of 14.29%.
Learn more about AXTI's earnings and revenue performance here.
Latest Insiders Trades at AXTI
Over the past 12 months, insiders at AXTI have not bought or sold any shares.
Research more about who owns AXTI stock here.
Does AXTI provide a stable income stream?
No, Axt doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your AXTI purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open button and your broker will execute your order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in AXTI
Now that you own some AXTI stock, you'll want to stay up-to-date on your stock purchase.
Put AXTI on a watchlist to track the most important metrics related to your AXTI stock.
AXTI Feed
How to Buy Stock in Axt
To summarize, here are the 6 steps for buying Axt stock:
- Choose where to buy Axt stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Axt stock
- Place your AXTI purchase
- Watch your investment in AXTI
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Axt, add AXTI to your watchlist by clicking the button below.
Other Content You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.