Himax Technologies ADR (NASDAQ:HIMX) shares, rose in value on Wednesday, May 07, with the stock price down by -0.53% to the previous day’s close as strong demand from buyers drove the stock to $7.47.
Actively observing the price movement in the last trading, the stock closed the session at $7.51. The PE ratio was 16.33 over 12-month period. Referring to stock’s 52-week performance, its high was $13.91, and the low was $5.12. On the whole, HIMX has fluctuated by 22.06% over the past month.
With the market capitalization of Himax Technologies ADR currently standing at about $1.28 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.29, with its dividend yield at 3.88%.
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 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of HIMX currently trading nearly 9.00% and -4.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.22, while the 7-day volatility ratio is showing 3.73% which for the 30-day chart, stands at 5.21%. Furthermore, Himax Technologies ADR (HIMX)’s beta value is 2.22, and its average true range (ATR) is 0.39.
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 -0.53% in last session, and over the past year, it grew by 44.77%%.
Data on historical trading for Himax Technologies ADR (NASDAQ:HIMX) indicates that the trading volumes over the past 3 months, they’ve averaged 2.52 million. According to company’s latest data on outstanding shares, there are 171.48 million shares outstanding.
Nearly 0.00% of Himax Technologies ADR’s shares belong to company insiders and institutional investors own 20.36% of the company’s shares. The stock has fallen by -7.09% 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.
