Axon Enterprise, Inc. (NASDAQ:AAXN):
AXON (AAXN) Alert: Johnson Fistel Investigates Axon Enterprise, Inc. Following SEC Inquiries; Investors Encouraged to Contact Firm.
In the market the company is trading down by 1.83% percent from yesterday’s close.
TASER International, Inc. develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. The company operates through two segments, TASER Weapons and Axon. Its CEWs transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. The company offers TASER X26P and TASER X2 smart weapons for law enforcement; TASER C2 and TASER Pulse CEWs for the consumer market; and replacement cartridges. It also provides Axon Body 2 camera system; Axon Flex camera system that records video and audio of critical incidents; Axon Flex 2 that builds upon the Axon Flex camera system; TASER Cam HD, a recording device; Axon Fleet, an in-car video system; Axon Interview, a video and audio recording system; Axon Dock, a camera charging station; and Axon Signal, a technology. In addition, the company offers Evidence.com, a cloud-based digital evidence management system that allows agencies to store data and enables new workflows for managing and sharing that data; Evidence.com for Prosecutors to manage evidence; and Evidence Sync, a desktop-based application that enables evidence to be uploaded to Evidence.com. Further, it provides Axon Capture, a mobile application to allow officers to capture digital evidence from the field; Axon View, a mobile application to provide instant playback of unfolding events; Axon Five, a software application to enhance and analyze images and videos; Axon Convert, a software solution to convert unplayable file formats; and Axon Detect, a photo analysis program for tamper detection. The company sells its products to military forces, private security, correctional facilities, and consumer personal protection markets, as well as to federal, state, and local law enforcement agencies through its direct sales force, distribution partners, online store, and third-party resellers. TASER International, Inc. was founded in 1993 and is headquartered in Scottsdale, Arizona..
Shares last traded at $22.59 a tad under $23.05, the stock’s 50 day moving average and which is slightly below the 200 day moving average of $23.97. The 50 day moving average was down $-0.46 or -1.99% and the 200 day average went down by -5.75%.
The company’s P/E ratio is 70.59 and market capitalization is 1.19B. In the latest earnings report the EPS was $0.32 and is expected to be $0.24 for the current year with 52,833,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.09 and the next full year EPS is anticipated to be $0.47.
Investors are feeling more bullish on shares of the company of late if you take note of the fall in short interest. The company had a fall in short interest of -0.50% as of the latest report on September 29, 2017. Short interest fell from 17,295,427 to 17,209,437 over that period. The days to cover increased to 35.0 and the short interest percentage is 0.33% as of September 29.