AXTI
AXT, Inc. Technology - Semiconductor Equipment & Materials Investor Relations →
AXT, Inc. (AXTI) closed at $24.06 as of 2026-02-02, trading 441.9% above its 200-week moving average of $4.44. The stock moved further from the line this week, up from 326.1% last week. With a 14-week RSI of 76, AXTI is in overbought territory.
Over the past 1398 weeks of data, AXTI has crossed below its 200-week moving average 14 times. On average, these episodes lasted 58 weeks. The average one-year return after crossing below was -1.9%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $1330 million, AXTI is a small-cap stock. The company generates a free cash flow yield of 0.6%. Return on equity stands at -9.9%. The stock trades at 6.1x book value.
Share count has increased 5.8% over three years, indicating dilution.
Over the past 26.9 years, a hypothetical investment of $100 in AXTI would have grown to $107, compared to $830 for the S&P 500. AXTI has returned 0.2% annualized vs 8.2% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: AXTI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AXTI Crosses Below the Line?
Across 14 historical episodes, buying AXTI when it crossed below its 200-week moving average produced an average return of -5.3% after 12 months (median -30.0%), compared to +1.0% for the S&P 500 over the same periods. 36% of those episodes were profitable after one year. After 24 months, the average return was +5.9% vs +11.0% for the index.
Each line shows $100 invested at the moment AXTI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
AXTI has crossed below its 200-week MA 14 times with an average 1-year return of +-1.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1999 | Nov 1999 | 3 | 22.6% | +162.8% | +86.0% |
| Nov 1999 | Dec 1999 | 1 | 11.8% | +117.0% | +63.8% |
| Jan 2000 | Jan 2000 | 3 | 9.8% | +158.2% | +47.5% |
| Feb 2001 | Apr 2001 | 7 | 39.6% | -60.8% | +0.5% |
| Jun 2001 | Jul 2001 | 4 | 9.7% | -63.6% | +5.9% |
| Jul 2001 | Feb 2006 | 238 | 96.5% | -68.7% | +4.8% |
| Aug 2008 | Aug 2008 | 1 | 3.5% | -47.3% | +620.4% |
| Sep 2008 | Apr 2010 | 84 | 80.1% | -33.0% | +663.8% |
| Nov 2011 | Jan 2012 | 7 | 14.9% | -35.2% | +464.8% |
| Apr 2012 | May 2016 | 209 | 54.7% | -30.5% | +492.6% |
| Dec 2018 | Apr 2019 | 20 | 24.3% | -36.4% | +378.3% |
| May 2019 | Sep 2020 | 73 | 59.2% | +1.5% | +343.1% |
| Apr 2022 | Jul 2022 | 14 | 20.3% | -39.2% | +280.1% |
| Oct 2022 | Sep 2025 | 154 | 75.7% | -51.5% | +369.0% |
| Average | 58 | — | +-1.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02