Himax Technologies ADR (NASDAQ:HIMX) shares, rose in value on Friday, November 01, with the stock price up by 0.52% to the previous day’s close as strong demand from buyers drove the stock to $5.76.
Actively observing the price movement in the last trading, the stock closed the session at $5.73, falling within a range of $5.735 and $5.9. The value of beta (5-year monthly) was 2.16 whereas the PE ratio was 13.09 over 12-month period. Referring to stock’s 52-week performance, its high was $8.73, and the low was $4.80. On the whole, HIMX has fluctuated by 3.78% over the past month.
With the market capitalization of Himax Technologies ADR currently standing at about $1.01 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-07. The company’s Forward Dividend Ratio is 0.29, with its dividend yield at 5.03%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1B, with a low estimate of 204.87M and a high estimate of 204.87M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 204.87M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HIMX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of HIMX currently trading nearly -5.94% and -0.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.36, while the 7-day volatility ratio is showing 2.93% which for the 30-day chart, stands at 3.38%. Furthermore, Himax Technologies ADR (HIMX)’s beta value is 2.15, and its average true range (ATR) is 0.19.
A comparison of Himax Technologies ADR (HIMX) with its peers suggests the former has fared considerably weaker in the market. HIMX showed an intraday change of 0.52% in last session, and over the past year, it grew by 6.67%%.
Data on historical trading for Himax Technologies ADR (NASDAQ:HIMX) indicates that the trading volumes over the past 10 days have averaged 0.69 and over the past 3 months, they’ve averaged 737.98K. According to company’s latest data on outstanding shares, there are 178.35 million shares outstanding.
Nearly 0.00% of Himax Technologies ADR’s shares belong to company insiders and institutional investors own 16.30% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.18 million shares as on 2024-10-15, resulting in a short ratio of 8.25. According to the data, the short interest in Himax Technologies ADR (HIMX) stood at 468.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 6.34 million. The stock has fallen by -5.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HIMX stock heading into the next quarter.
