Axe Compute (NASDAQ:AGPU) Cut to “Sell” at Wall Street Zen

Wall Street Zen lowered shares of Axe Compute (NASDAQ:AGPU) from a hold rating to a sell rating in a report released on Sunday.

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

Axe Compute Price Performance

Shares of AGPU opened at $10.33 on Friday. The firm has a market cap of $118.69 million, a PE ratio of -1.26 and a beta of 3.44. The stock’s fifty day moving average price is $7.63 and its two-hundred day moving average price is $5.25. Axe Compute has a 1 year low of $1.03 and a 1 year high of $32.10.

Axe Compute (NASDAQ:AGPU) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.87) 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%. The firm had revenue of $3.21 million for the quarter.

Axe Compute Company Profile

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.