Wall Street Zen Downgrades Axe Compute (NASDAQ:AGPU) to Sell

Axe Compute (NASDAQ:AGPU) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued 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 analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Axe Compute Trading Up 28.4%

Shares of AGPU opened at $10.62 on Friday. The stock has a 50-day moving average price of $7.56 and a 200-day moving average price of $5.20. The company has a market cap of $122.08 million, a PE ratio of -1.30 and a beta of 3.44. Axe Compute has a 12-month low of $1.03 and a 12-month high of $32.10.

Axe Compute (NASDAQ:AGPU) last announced its earnings results on Friday, August 14th. The company reported ($0.87) earnings per share (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 company had revenue of $3.21 million for 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.