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

Axe Compute (NASDAQ:AGPU) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

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

Axe Compute Trading Down 7.9%

AGPU traded down $0.66 on Tuesday, hitting $7.75. 47,654 shares of the company were exchanged, compared to its average volume of 1,796,315. The business has a 50-day moving average price of $6.64. Axe Compute has a twelve month low of $1.03 and a twelve month high of $32.10. The stock has a market capitalization of $83.84 million, a P/E ratio of -0.93 and a beta of 3.43.

Axe Compute (NASDAQ:AGPU) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.36) earnings per share (EPS) for the quarter. The company had revenue of $0.04 million during the quarter. Axe Compute had a negative net margin of 470,383.31% and a negative return on equity of 7,363.67%.

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.