Axe Compute (NASDAQ:AGPU) Rating Lowered to Sell at Wall Street Zen

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

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

Axe Compute Stock Performance

AGPU stock traded down $0.66 during mid-day trading on Tuesday, reaching $7.75. The company’s stock had a trading volume of 47,654 shares, compared to its average volume of 1,796,315. The company’s 50 day moving average price is $6.64. Axe Compute has a fifty-two week low of $1.03 and a fifty-two week high of $32.10. The stock has a market cap of $83.84 million, a PE ratio of -0.93 and a beta of 3.43.

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

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.