How to buy Akoustis Technologies stock | $7.77

Akoustis Technologies Inc is a communication equipment business based in the US. Akoustis Technologies shares (AKTS) are listed on the NASDAQ and all prices are listed in US Dollars. Akoustis Technologies employs 156 staff and has a trailing 12-month revenue of around 0.00.

Akoustis Technologies stock price (NASDAQ: AKTS)

Use our graph to track the performance of AKTS stocks over time.

Akoustis Technologies shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$7.77
52-week range	$7.40 - $19.15
50-day moving average	$9.50
200-day moving average	$9.98
Wall St. target price	$16.13
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-1.02

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Is it a good time to buy Akoustis Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Akoustis Technologies price performance over time

Historical closes compared with the close of $7.77 from 2021-10-21

1 week (2021-10-15)	-11.20%
1 month (2021-09-23)	-25.07%
3 months (2021-07-23)	-17.52%
6 months (2021-04-23)	-33.87%

1 year (2020-10-22)	-0.77%
2 years (2019-10-22)	-4.07%
3 years (2018-10-22)	88.59%
5 years (2016-10-21)	85.00%

Akoustis Technologies financials

Revenue TTM	$6.6 million
Gross profit TTM	$-4,033,000
Return on assets TTM	-26.34%
Return on equity TTM	-55.58%
Profit margin	0%
Book value	$2.29
Market capitalisation	$449.6 million

TTM: trailing 12 months

Shorting Akoustis Technologies shares

There are currently 4.8 million Akoustis Technologies shares held short by investors – that's known as Akoustis Technologies's "short interest". This figure is 0.3% down from 4.9 million last month.

There are a few different ways that this level of interest in shorting Akoustis Technologies shares can be evaluated.

Akoustis Technologies's "short interest ratio" (SIR)

Akoustis Technologies's "short interest ratio" (SIR) is the quantity of Akoustis Technologies shares currently shorted divided by the average quantity of Akoustis Technologies shares traded daily (recently around 476739.21182266). Akoustis Technologies's SIR currently stands at 10.15. In other words for every 100,000 Akoustis Technologies shares traded daily on the market, roughly 10150 shares are currently held short.

However Akoustis Technologies's short interest can also be evaluated against the total number of Akoustis Technologies shares, or, against the total number of tradable Akoustis Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Akoustis Technologies's short interest could be expressed as 0.09% of the outstanding shares (for every 100,000 Akoustis Technologies shares in existence, roughly 90 shares are currently held short) or 0.0987% of the tradable shares (for every 100,000 tradable Akoustis Technologies shares, roughly 99 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Akoustis Technologies.

Find out more about how you can short Akoustis Technologies stock.

Akoustis Technologies share dividends

We're not expecting Akoustis Technologies to pay a dividend over the next 12 months.

Have Akoustis Technologies's shares ever split?

Akoustis Technologies's shares were split on a 150:137 basis on 23 April 2015. So if you had owned 137 shares the day before before the split, the next day you'd have owned 150 shares. This wouldn't directly have changed the overall worth of your Akoustis Technologies shares – just the quantity. However, indirectly, the new 8.7% lower share price could have impacted the market appetite for Akoustis Technologies shares which in turn could have impacted Akoustis Technologies's share price.

Akoustis Technologies share price volatility

Over the last 12 months, Akoustis Technologies's shares have ranged in value from as little as $7.4 up to $19.15. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Akoustis Technologies's is 1.3905. This would suggest that Akoustis Technologies's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Akoustis Technologies overview

Akoustis Technologies, Inc. , through its subsidiary, Akoustis, Inc. , develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industry in the United States. It operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and semiconductor wafer-manufacturing and microelectromechanical systems foundry services. The RF Filters segment consists of amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, Wi-Fi customer premise equipment, and military and defense applications.

Frequently asked questions

What percentage of Akoustis Technologies is owned by insiders or institutions?
Currently 4.34% of Akoustis Technologies shares are held by insiders and 49.071% by institutions. How many people work for Akoustis Technologies?
Latest data suggests 156 work at Akoustis Technologies. When does the fiscal year end for Akoustis Technologies?
Akoustis Technologies's fiscal year ends in June. Where is Akoustis Technologies based?
Akoustis Technologies's address is: 9805 Northcross Center Court, Huntersville, NC, United States, 28078 What is Akoustis Technologies's ISIN number?
Akoustis Technologies's international securities identification number is: US00973N1028 What is Akoustis Technologies's CUSIP number?
Akoustis Technologies's Committee on Uniform Securities Identification Procedures number is: 00973N102