Maxwell Technologies (MXWL) Shares are Up 2.79%

Maxwell Technologies (MXWL) has been under a strong bear grip, hence the stock is down -6.89% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.83% in the past 1 week. The stock has risen by 2.79% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.53% in the past 4 weeks.

Maxwell Technologies, Inc. has dropped 9.33% during the last 3-month period . Year-to-Date the stock performance stands at -27.87%. The stock has recorded a 20-day Moving Average of 0.87% and the 50-Day Moving Average is 1.66%.


Maxwell Technologies (NASDAQ:MXWL): The stock opened at $5.21 on Friday but the bulls could not build on the opening and the stock topped out at $5.21 for the day. The stock traded down to $5.11 during the day, due to lack of any buying support eventually closed down at $5.15 with a loss of -1.15% for the day. The stock had closed at $5.21 on the previous day. The total traded volume was 146,256 shares.

Also, Roth Capital initiates coverage on Maxwell Technologies (NASDAQ:MXWL). In the latest research report, Roth Capital announces the target price to $6 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on May 23, 2016.

Maxwell Technologies, Inc. develops, manufactures and markets energy storage and power delivery products and microelectronic products. The Company offers three product lines: ultracapacitors, high-voltage capacitors and radiation-hardened microelectronic products. It offers ultracapacitor cells with capacitances ranging from one to 3,400 farads. It designs and manufactures CONDIS high-voltage capacitors, which include grading and coupling capacitors and electric voltage transformers. The Company offers radiation-hardened microelectronic products for satellites and space crafts that include single board computers and components. It also offers RADPAK packaging and shielding technology and architectures for radiation-hardened microelectronic products. The Company offers its products for transportation, industrial, information technology, and space and satellite applications, among others. It has operations in San Diego, California; Peoria, Arizona, and Rossens, Switzerland.

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