As of morning trading, Axcelis Technologies, Inc. (NASDAQ:$ACLS)’s current distance from 20-Day Simple Moving Average is 17.05%, standing 36.66% away from 50-Day Simple Moving Average while trading up 62.06% from the 200-Day Simple Moving Average.
In other words, Axcelis stock price is growing 1.38% to $33.10. ACLS recently exchanged 0.79 million shares in recent sessions versus the average volume of 0.51. Analysts show a mean recommendation of 2.20 on the stock.
Currently, the company holds 320.71 million outstanding shares, while institutional owners hold 77.20% stake, and insider ownership 2.30%. The stock sees a beta value of 1.06, and sustained an ROA at 9.30%.
In the bigger picture of this year, Axcelis stock has been increasing by 127.49%, adding on top a positive flow of 7.99% this past week. The 14-day Relative Strength Index of 88.95 reveals that Axcelis is currently overbought. To elaborate, the RSI is a form of measurement to indicate overbought and oversold levels. When RSI moves above 70, it is overbought and could lead to a downward move. On the other hand, when RSI moves below 3o, it is oversold and could lead to an upward move.
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