MaxLinear Inc. (MXL) had a good day on the market for Tuesday March 09
as
shares jumped 4.87% to close at $33.16. About 777,691 shares traded hands on 10,095 trades for the day, compared with an average daily volume of
n/a shares out of a total float of 74.54 million. After opening the trading day at $32.96, shares of MaxLinear Inc. stayed within a range of $34.39 to
$32.55.
With today’s gains, MaxLinear Inc. now has a market cap of
$2.47 billion. Shares of MaxLinear Inc. have been trading within a range of $44.05
and $7.79 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks. The company’s radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear’s product options include both radio frequency receivers and radio frequency receiver systems-on-chips. The company’s products enable the distribution and display of broadband video and data content in a wide range of electronic devices. Customers for MaxLinear include original equipment manufacturers, module makers, and original design manufacturers.
MaxLinear Inc. is based out of Carlsbad, CA and has some 1,420 employees. Its CEO is Kishore Seendripu.
For a complete fundamental analysis of MaxLinear Inc., check out Equities.com’s Stock Valuation Analysis report for
MXL.
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MaxLinear Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell
Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.
To get more information on MaxLinear Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
MXL’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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