MaxLinear Inc. (NYSE:MXL) traded at a new 52-week high today of $55.00. This new high was reached on below average trading volume as 82,000 shares traded hands, while the average 30-day volume is approximately 488,000 shares.
MaxLinear Inc. (NYSE:MXL) has potential upside of 76.1% based on a current price of $54.02 and analysts’ consensus price target of $95.14.
In the past 52 weeks, MaxLinear Inc. share prices are bracketed by a low of $20.91 and a high of $55.00 and is now at $54.02, 158% above that low price.
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.
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