Might Axon Enterprise Inc. (NASDAQ:AAXN) drown you?


How far has the stock of Axon Enterprise, Inc. (NASDAQ:AAXN) come to trade at their current price of $25.18, which gives it a market cap of $1.32B.

To trade now at $25.18, the stock has emerged from a 52-week low of $39.50%. But the current price also compares with the 52-week peak of $-16.48%.

The Barchart Technical Opinion rating is a 56% Buy with a Strengthening short term outlook on maintaining the current direction. Longer term, the trend strength is Average. The market is in highly overbought territory. Beware of a trend reversal.

Recently, Axon Enterprise, Inc. (NASDAQ:AAXN) announced the purchase of 1,200 Axon Body 2 cameras by the Alameda County Sheriffs Office (ACSO) making it the 22nd member of the 77 Major County Sheriffs of America to join the Axon network. The deal includes a five-year Evidence.com license on the Officer Safety Plan with Axon Signal technology. The order was received in the second quarter of 2017 and the cameras are expected to ship in multiple phases throughout the year.

The stock?s journey to the current price can be understood by looking at its performance from the last week down to the 12 months. The stock?s weekly performance stands at 1.61% and its monthly performance is 8.21%%. For the quarter, the stock has moved -6.08% and for half-year it has shifted 14.56%. So far this year the stock has moved 35.67% and for the last 12 months it has moved 3.88%.

Studying simple moving averages also tell the stock’s journey thus far. The 20-Day Simple Moving Average is $5.79%, the 50-Day Simple Moving Average is $8.08%, while the 200-Day Simple Moving Average is $-0.57%.

In terms of financial performance, Axon Enterprise, Inc. reported gross margin of 62.30% for the trailing 12 months and operating margin of 11.90% for the same period. Net profit margin was booked at 6.40%. With that, Axon Enterprise, Inc. posted EPS of $0.32.

Axon Enterprise, Inc.?s P/Cash for the most recent quarter is 14.80, while P/Free Cash Flow for the trailing 12 months is 140.31. Dividend yield and payout ratio calculate to – and 0.00%. For perspective, payout ratio provides insight into a company?s ability to sustain dividend distributions. As such, a lower payout ratio is preferred to a higher payout ratio is it implies a company is preserving more cash for investments and other needs that it releases to shareholders.

That said, Axon Enterprise, Inc. has P/E of 77.72 and PEG of 2.59. EPS growth this year is expected to be -11.40% and Forward P/E is calculated to 32.83.