Axe Compute (NASDAQ:AGPU) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of Axe Compute (NASDAQ:AGPU) from a hold rating to a sell rating in a research note issued to investors on Sunday.

Separately, Weiss Ratings raised Axe Compute from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Axe Compute presently has an average rating of “Sell”.

Axe Compute Price Performance

NASDAQ AGPU opened at $8.27 on Friday. The stock’s 50 day simple moving average is $7.49 and its 200 day simple moving average is $5.16. Axe Compute has a one year low of $1.03 and a one year high of $32.10. The firm has a market cap of $95.02 million, a PE ratio of -1.01 and a beta of 3.44.

Axe Compute (NASDAQ:AGPU) last issued its quarterly earnings data on Friday, August 14th. The company reported ($0.87) earnings per share (EPS) for the quarter. Axe Compute had a negative net margin of 7,769.61% and a negative return on equity of 5,090.33%.

About Axe Compute

Axe Compute (NASDAQ: AGPU) is an AI infrastructure company focused on providing enterprise-grade graphics processing unit (GPU) compute capacity for artificial intelligence, machine learning and other high-performance computing workloads. The company positions itself as an alternative to traditional hyperscale cloud providers by offering dedicated, bare-metal GPU infrastructure designed to give customers greater control over hardware configuration, deployment location and workload performance.

Its services include access to dedicated GPU clusters that can be configured for AI training, inference, simulation, diffusion models and other compute-intensive applications.