- Axon Enterprise (Axon) rebukes 14.13% on Thursday, cultivating the time of writing about $ 686.29.
- Axon reported revenues of 603.63 million dollars, exceeding market estimates.
Axon Enterprise (Axon) values marked a minimum of the day at $ 644.61, attracting aggressive buyers that promoted the price of the action to maximums not seen since February 19 at 698.27 $. Currently, Axon operates about $ 686.29, winning $ 14.13%.
Axon Enterprise exceeds market expectations in its latest quarterly report
The company specialized in offering public security technology, Axon Enterprise (Axon), has a gain of 14.13% today, reaching maximums not seen since February 19 at $ 698.27 after the publication of its profit report.
Axon reported revenues of 603.63 billion dollars compared to 586.39 million dollars provided by the consensus of analysts. Similarly, it achieved a gain per share of $ 1.41, greater than the 1,274 $ estimated by the market.
In this context, the Northland financial intermediary adjusted the objective price of Axon, placing it at $ 640 from $ 585. Similarly, the Morgan Stanley investment bank, updated the company’s target price to $ 695 from $ 635.
Technical levels of Axon Enterprise
Axon values established a short -term support given by the minimum of April 7 at $ 122.59. Upwards, the closest resistance is located at $ 139.22, maximum of April 9. The next key resistance is observed at $ 155.47, pivot point of March 3.
4 -hour Axon chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
