Himax Technologies ADR (NASDAQ:HIMX) price on Friday, June 13, fall -2.52% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.88.
A look at the stock’s price movement, the close in the last trading session was $9.11. The PE ratio in trailing twelve months stood at 17.74. Turning to its 52-week performance, $13.91 and $5.12 were the 52-week high and 52-week low respectively. Overall, HIMX moved 4.47% over the past month.
Himax Technologies ADR’s market cap currently stands at around $1.55 billion, with investors looking forward to this quarter’s earnings report slated for in July. The company has a Forward Dividend ratio of 0.29, with its dividend yield at 3.27%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend HIMX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 0.98, with HIMX’s current price about 4.13% and 16.44% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.57, while 7-day volatility ratio is 2.08% and 2.08% in the 30-day chart. Further, Himax Technologies ADR (HIMX) has a beta value of 2.21, and an average true range (ATR) of 0.33.
If we refocus on Himax Technologies ADR (NASDAQ:HIMX), historical trading data shows that trading volumes averaged 1.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 174.90 million shares.
The 0.00% of Himax Technologies ADR’s shares are in the hands of company insiders while institutional holders own 19.52% of the company’s shares. Current price change has pushed the stock 10.45% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HIMX stock continues to rise going into the next quarter.
