Shares of Maxwell Technologies Inc. (NASDAQ:MXWL) have been assigned a consensus rating of “Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $5.06.

Several brokerages have issued reports on MXWL. ValuEngine raised shares of Maxwell Technologies from a “hold” rating to a “buy” rating in a report on Saturday, January 19th. Roth Capital downgraded shares of Maxwell Technologies from a “buy” rating to a “neutral” rating and reduced their price target for the company from $7.00 to $4.25 in a report on Monday, February 4th.

Shares of NASDAQ MXWL opened at $4.56 on Friday. Maxwell Technologies has a 12-month low of $1.77 and a 12-month high of $6.27. The stock has a market capitalization of $209.80 million, a price-to-earnings ratio of -5.01 and a beta of 1.21. The company has a current ratio of 4.03, a quick ratio of 2.85 and a debt-to-equity ratio of 0.42.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. KBC Group NV lifted its stake in shares of Maxwell Technologies by 8.7% during the fourth quarter. KBC Group NV now owns 134,601 shares of the electronics maker’s stock valued at $279,000 after buying an additional 10,752 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Maxwell Technologies by 71.9% during the third quarter. JPMorgan Chase & Co. now owns 140,424 shares of the electronics maker’s stock valued at $490,000 after buying an additional 58,751 shares during the period. BlackRock Inc. lifted its stake in shares of Maxwell Technologies by 5.5% during the third quarter. BlackRock Inc. now owns 2,393,700 shares of the electronics maker’s stock valued at $8,353,000 after buying an additional 124,822 shares during the period. Vanguard Group Inc. lifted its stake in shares of Maxwell Technologies by 26.2% during the third quarter. Vanguard Group Inc. now owns 2,024,138 shares of the electronics maker’s stock valued at $7,064,000 after buying an additional 420,524 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Maxwell Technologies by 24.3% during the second quarter. Bank of America Corp DE now owns 96,355 shares of the electronics maker’s stock valued at $501,000 after buying an additional 18,845 shares during the period. 56.45% of the stock is currently owned by institutional investors.

Maxwell Technologies Company Profile

Maxwell Technologies, Inc develops, manufactures, and markets energy storage and power delivery products worldwide. The company offers ultracapacitor cells, multi-cell packs, modules, and subsystems that provide energy storage and power delivery solutions for the automotive, grid energy storage, wind, bus, industrial, and truck industries; and lithium-ion capacitors, which are energy storage devices designed to address various of applications in the rail, grid, and industrial markets.

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