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Is Axon Enterprise, Inc. (AAXN) a good SWING-TRADE Candidate? – The News Heater


Axon Enterprise, Inc. (NASDAQ:AAXN) went up by 0.08% from its latest closing price when compared to the 1-year high value of $90.10 and move down -17.35%, while AAXN stocks collected +4.48% of gains with the last five trading sessions. Press Release reported on 04/09/20 that Axon Announces Campaign to Provide 1 Million Masks to First Responders

Axon Enterprise, Inc. (NASDAQ:AAXN) Worth an Investment?

Axon Enterprise, Inc. (NASDAQ: AAXN) scored price to earnings ratio above its average ratio, recording 5906.15 times of increase in earnings at the present.

AAXN Market Performance

AAXN stocks went up by 4.48% for the week, with the monthly jump of 23.82% and a quarterly performance of 4.32%, while its annual performance rate touched 28.35%. The simple moving average for the period of the last 20 days is 9.45% for AAXN stocks with the simple moving average of 14.19% for the last 200 days.

Analysts’ Opinion on Axon Enterprise, Inc. (NASDAQ:AAXN)

Many brokerage firms have already submitted their reports for AAXN stocks, with Imperial Capital repeating the rating for AAXN shares by setting it to “In-line”. The predicted price for AAXN socks in the upcoming period according to Imperial Capital is $78 based on the research report published on March 2, 2020.

Morgan Stanley, on the other hand, stated in their research note that they expect to see AAXN stock at the price of $94, previously predicting the value of $88. The rating they have provided for AAXN stocks is “Equal-Weight” according to the report published on February 20, 2020.

JMP Securities gave “Mkt Outperform” rating to AAXN stocks, setting the target price at $89 in the report published on December 10, 2019.

AAXN Stocks 4.33% Far from 50 Day Moving Average

After a stumble in the market that brought AAXN to its low price for the period of the last 52 weeks, Axon Enterprise, Inc. was unable to take a rebound, for now settling with -14.78% of loss for the given period.

The stock volatility was left at 6.98%, however, within the period of a single month, the volatility rate increased by 4.93%, while the shares surge at the distance of +26.32% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -8.08% lower at the present time.

In the course of the last 5 trading sessions, AAXN went up by +4.48%, which changed the moving average for the period of 200 days to the total of +19.37% of gains for the stock in comparison to the 20-day moving average settled at $70.95. In addition, Axon Enterprise, Inc. saw 4.78% in overturn over the period of a single year with a tendency to cut further gains.

AAXN Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Axon Enterprise, Inc. (AAXN), starting from Ahsan Jawad A, who sold 5,000 shares at the price of $65.76 back on Apr 06. After this action, Rushing now owns 81,441 shares of Axon Enterprise, Inc., valued at $328,798 with the latest closing price.

Partovi Hadi, the Director of Axon Enterprise, Inc., bought 20,000 shares at the value of $55.47 during a trade that took place back on Mar 17, which means that Partovi Hadi is holding 290,586 shares at the value of $1,109,398 based on the most recent closing price.

AAXN Stock Fundamentals

The current profitability levels are settled at -0.96 for the present operating margin and +57.88 for gross margin. The net margin for Axon Enterprise, Inc. stands at +0.17. Total capital return value is set at -1.00, while invested capital returns managed to touch 0.17. Equity return holds the value 0.20%, with 0.10% for asset returns.

Based on Axon Enterprise, Inc. (AAXN), the company’s capital structure generated 1.95 points for debt to equity in total, while total debt to capital is set at the value of 1.91.

The value for Enterprise to Sales is 7.78 with debt to enterprise value settled at 0.00. The receivables turnover for Axon Enterprise, Inc. is 3.13 with the total asset turnover at the value of 0.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.17.



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