Akoustis Technologies Stock Today
| AKTS Stock | USD 0.10 0.01 14.81% |
Performance3 of 100
| Odds Of DistressOver 79
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Akoustis Technologies is selling for under 0.1 as of the 25th of November 2024; that is 14.81 percent increase since the beginning of the trading day. The stock's lowest day price was 0.084. Akoustis Technologies has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Akoustis Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 14th of March 2017 | Category Technology | Classification Information Technology |
Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., designs, develops, manufactures, and sells radio frequency filter products for the mobile wireless device industry in the United States, Asia, Europe, and internationally. Akoustis Technologies, Inc. The company has 154.59 M outstanding shares of which 5.33 M shares are presently shorted by private and institutional investors with about 0.54 trading days to cover. More on Akoustis Technologies
Moving against Akoustis Stock
| 0.43 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.41 | T | ATT Inc Aggressive Push | PairCorr |
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Akoustis Stock Highlights
| President | David Aichele | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Communication Equipment, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAkoustis Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Akoustis Technologies' financial leverage. It provides some insight into what part of Akoustis Technologies' total assets is financed by creditors.
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Akoustis Technologies (AKTS) is traded on NASDAQ Exchange in USA. It is located in 9805 Northcross Center Court, Huntersville, NC, United States, 28078 and employs 117 people. Akoustis Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.36 M. Akoustis Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 154.59 M outstanding shares of which 5.33 M shares are presently shorted by private and institutional investors with about 0.54 trading days to cover.
Akoustis Technologies currently holds about 80.48 M in cash with (40.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Akoustis Technologies Probability Of Bankruptcy
Ownership AllocationAkoustis Technologies holds a total of 154.59 Million outstanding shares. Akoustis Technologies shows 3.32 percent of its outstanding shares held by insiders and 14.84 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Akoustis Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2024-06-30 | 401.5 K | |
| Frg Family Wealth Advisors Llc | 2024-09-30 | 346.7 K | |
| State Street Corp | 2024-06-30 | 264.8 K | |
| Jane Street Group Llc | 2024-06-30 | 256.6 K | |
| Creative Planning Inc | 2024-06-30 | 243.7 K | |
| Jpmorgan Chase & Co | 2024-06-30 | 242.5 K | |
| Northern Trust Corp | 2024-09-30 | 242.3 K | |
| Two Sigma Securities, Llc | 2024-06-30 | 229.9 K | |
| Mission Wealth Management, Llc | 2024-09-30 | 224.7 K | |
| Vanguard Group Inc | 2024-09-30 | 3.2 M | |
| Taylor Frigon Capital Management Llc | 2024-09-30 | 2.6 M |
Akoustis Technologies Historical Income Statement
Akoustis Stock Against Markets
Akoustis Technologies Corporate Management
| Mary Winters | Executive Operations | Profile | |
| Colin Hunt | Vice Development | Profile | |
| Kenneth Boller | CFO Controller | Profile | |
| Kamran Cheema | Chief Officer | Profile | |
| Andrew Wright | General Secretary | Profile |
Already Invested in Akoustis Technologies?
The danger of trading Akoustis Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Akoustis Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Akoustis Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Akoustis Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Akoustis Stock Analysis
When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.