Akoustis Technologies, Inc. engages in developing, designing, and manufacturing radio frequency (RF) filter products for the mobile wireless device industries. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, and WiFi premise equipment. The company focuses on manufacturing and commercializing its patented Bulk ONE acoustic wave technology to address the frequency-selectivity requirements in mobile smartphones, enhancing the efficiency and signal quality of mobile wireless devices and enabling The Internet of Things. Akoustis Technologies, Inc. was founded in 2014 and is headquartered in Huntersville, North Carolina.
Industry, Sector and Symbol
Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:AKTS
CUSIPN/A
Phone704-997-5735
Debt
Debt-to-Equity RatioN/A
Current Ratio3.62
Quick Ratio3.59
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$480,000.00
Price / Sales309.37
Cash FlowN/A
Price / CashN/A
Book Value$0.79 per share
Price / Book8.46
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-9,100,000.00
Net Margins-1,570.24%
Return on Equity-105.63%
Return on Assets-83.34%
Miscellaneous
EmployeesN/A
Outstanding Shares22,230,000
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) released its earnings results on Tuesday, November, 14th. The technology company reported ($0.24) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.11. The technology company earned $0.30 million during the quarter, compared to analysts' expectations of $0.70 million. Akoustis Technologies had a negative net margin of 1,570.24% and a negative return on equity of 105.63%. View Akoustis Technologies' Earnings History.
What price target have analysts set for AKTS?
3 brokerages have issued 12 month price objectives for Akoustis Technologies' shares. Their predictions range from $8.00 to $15.00. On average, they expect Akoustis Technologies' share price to reach $11.8333 in the next year. View Analyst Ratings for Akoustis Technologies.
Who are some of Akoustis Technologies' key competitors?
Some companies that are related to Akoustis Technologies include AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Clearfield (CLFD), Zoom Telephonics (ZMTP), Westell Technologies (WSTL), Communications Systems (JCS), ClearOne Communications (CLRO), Sunworks (SUNW), Franklin Wireless (FKWL), One Horizon Group (OHGI), AltiGen Communications (ATGN), MER Telemanagement Solutions (MTSL), Lattice (LTTC), Electronic Tele-Communications (ETCIA) and Zoom Technologies (ZOOM).
Who are Akoustis Technologies' key executives?
Akoustis Technologies' management team includes the folowing people:
- Mr. Jeffrey B. Shealy, Pres, CEO & Director (Age 49)
- Mr. John T. Kurtzweil, CFO & Chief Accounting Officer (Age 62)
- Mr. David M. Aichele, VP of Bus. Devel. (Age 52)
- Mr. Thomas Andrew Sepenzis, Director of Investor Relations (Age 46)
- Ms. Lora Shealy, Sec.
Has Akoustis Technologies been receiving favorable news coverage?
News stories about AKTS stock have been trending positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Akoustis Technologies earned a media sentiment score of 0.28 on Accern's scale. They also gave news headlines about the technology company an impact score of 43.75 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Akoustis Technologies' major shareholders?
Akoustis Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.03%), Financial Advocates Investment Management (1.01%), Northern Trust Corp (0.60%), Millennium Management LLC (0.55%) and UBS Group AG (0.37%). Company insiders that own Akoustis Technologies stock include David Aichele, Jeffrey B Shealy, Jeffrey Shealy, John T Kurtzweil, Mark Boomgarden, Mark N Tompkins and Steven Denbaars. 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 Millennium Management LLC. Company insiders that have sold Akoustis Technologies company stock in the last year include David Aichele, Jeffrey B Shealy, John T Kurtzweil, Mark N Tompkins and Steven Denbaars. View Insider Buying and Selling for Akoustis Technologies.
Which major investors are buying Akoustis Technologies stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Akoustis Technologies' stock price today?
One share of AKTS stock can currently be purchased for approximately $6.69.
How big of a company is Akoustis Technologies?
Akoustis Technologies has a market capitalization of $143.18 million and generates $480,000.00 in revenue each year.
How can I contact Akoustis Technologies?
Akoustis Technologies' mailing address is 9805 NORTHCROSS CENTER COURT SUITE H, 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 (AKTS)
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.
