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NASDAQ:AKTS - Akoustis Technologies Stock Price, Forecast & News

$7.50
-0.07 (-0.92 %)
(As of 12/11/2019 05:53 AM ET)
Today's Range
$7.45
Now: $7.50
$7.68
50-Day Range
$7.16
MA: $7.77
$8.40
52-Week Range
$4.60
Now: $7.50
$9.00
Volume152,000 shs
Average Volume382,470 shs
Market Capitalization$228.26 million
P/E RatioN/A
Dividend YieldN/A
Beta0.67
Akoustis Technologies, Inc, through its subsidiary, Akoustis, Inc, develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industries in the United States. The company operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and smart systems technology and commercialization center foundry, as well as manufacturing and microelectromechanical systems foundry services. Read More…

Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:AKTS
CUSIPN/A
Phone704-997-5735

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.44 million
Book Value$0.87 per share

Profitability

Net Income$-29,250,000.00
Net Margins-1,843.77%

Miscellaneous

Employees69
Market Cap$228.26 million
Next Earnings Date2/3/2020 (Estimated)
OptionableNot Optionable

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Akoustis Technologies (NASDAQ:AKTS) Frequently Asked Questions

What is Akoustis Technologies' stock symbol?

Akoustis Technologies trades on the NASDAQ under the ticker symbol "AKTS."

How were Akoustis Technologies' earnings last quarter?

Akoustis Technologies Inc (NASDAQ:AKTS) posted its quarterly earnings results on Monday, February, 4th. The technology company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.24) by $0.00. The technology company had revenue of $0.32 million for the quarter, compared to analysts' expectations of $0.42 million. Akoustis Technologies had a negative return on equity of 105.40% and a negative net margin of 1,843.77%. View Akoustis Technologies' Earnings History.

When is Akoustis Technologies' next earnings date?

Akoustis Technologies is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Akoustis Technologies.

What price target have analysts set for AKTS?

3 analysts have issued twelve-month price targets for Akoustis Technologies' stock. Their forecasts range from $7.40 to $12.00. On average, they expect Akoustis Technologies' stock price to reach $9.80 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets for Akoustis Technologies.

What is the consensus analysts' recommendation for Akoustis Technologies?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Akoustis Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Akoustis Technologies.

Has Akoustis Technologies been receiving favorable news coverage?

News articles about AKTS stock have been trending neutral recently, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Akoustis Technologies earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Akoustis Technologies.

Are investors shorting Akoustis Technologies?

Akoustis Technologies saw a drop in short interest in October. As of October 31st, there was short interest totalling 5,090,000 shares, a drop of 12.5% from the September 30th total of 5,820,000 shares. Based on an average trading volume of 433,700 shares, the short-interest ratio is presently 11.7 days. Currently, 20.5% of the company's stock are sold short. View Akoustis Technologies' Current Options Chain.

Who are some of Akoustis Technologies' key competitors?

What other stocks do shareholders of Akoustis Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Akoustis Technologies investors own include Verizon Communications (VZ), NVIDIA (NVDA), Advanced Micro Devices (AMD), Smart Global (SGH), Canopy Growth (CGC), Crispr Therapeutics (CRSP), Lumentum (LITE), Micron Technology (MU), Skyworks Solutions (SWKS) and Alibaba Group (BABA).

Who are Akoustis Technologies' key executives?

Akoustis Technologies' management team includes the folowing people:
  • Mr. Jeffrey B. Shealy, Founder,Pres, CEO & Director (Age 50)
  • Mr. David M. Aichele, VP of Bus. Devel. (Age 53)
  • Mr. Kenneth Boller, Interim Chief Financial Officer
  • Mr. Thomas Andrew Sepenzis, Director of Investor Relations (Age 47)
  • Mr. Drew Wright, Gen. Counsel & Corp. Sec.

Who are Akoustis Technologies' major shareholders?

Akoustis Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Silverback Asset Management LLC (1.51%), State Street Corp (1.27%), Mission Wealth Management LP (0.90%), Commonwealth Equity Services LLC (0.78%), D.A. Davidson & CO. (0.34%) and Granahan Investment Management Inc. MA (0.32%). Company insiders that own Akoustis Technologies stock include Arthur Geiss, David Aichele, Jeffrey B Shealy, Jeffrey Mcmahon, John T Kurtzweil, Kenneth Boller, Mark N Tompkins, Rohan Houlden, Steven Denbaars and Suzanne B Rudy. View Institutional Ownership Trends for Akoustis Technologies.

Which major investors are selling Akoustis Technologies stock?

AKTS stock was sold by a variety of institutional investors in the last quarter, including Silverback Asset Management LLC, Benjamin F. Edwards & Company Inc., Mission Wealth Management LP, Barclays PLC and IHT Wealth Management LLC. Company insiders that have sold Akoustis Technologies company stock in the last year include David Aichele, Jeffrey B Shealy, Kenneth Boller, Rohan Houlden and Steven Denbaars. View Insider Buying and Selling for Akoustis Technologies.

Which major investors are buying Akoustis Technologies stock?

AKTS stock was bought by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Virtu Financial LLC, Millennium Management LLC, Trellus Management Company LLC, Commonwealth Equity Services LLC, State Street Corp, D.A. Davidson & CO. and CWM LLC. View Insider Buying and Selling for Akoustis Technologies.

How do I buy shares of Akoustis Technologies?

Shares of AKTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Akoustis Technologies' stock price today?

One share of AKTS stock can currently be purchased for approximately $7.50.

How big of a company is Akoustis Technologies?

Akoustis Technologies has a market capitalization of $228.26 million and generates $1.44 million in revenue each year. Akoustis Technologies employs 69 workers across the globe.View Additional Information About Akoustis Technologies.

What is Akoustis Technologies' official website?

The official website for Akoustis Technologies is http://www.akoustis.com/.

How can I contact Akoustis Technologies?

Akoustis Technologies' mailing address is 9805 NORTHCROSS CENTER COURT SUITE A, HUNTERSVILLE NC, 28078. The technology company can be reached via phone at 704-997-5735 or via email at [email protected]


MarketBeat Community Rating for Akoustis Technologies (NASDAQ AKTS)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  367
MarketBeat's community ratings are surveys of what our community members think about Akoustis Technologies and other stocks. Vote "Outperform" if you believe AKTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2019 by MarketBeat.com Staff

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