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After finishing at $8.58 in the prior trading day, Himax Technologies ADR (NASDAQ: HIMX) closed at $8.31, down -3.15%. In other words, the price has decreased by -$3.15 from its previous closing price. On the day, 1.69 million shares were traded. HIMX stock price reached its highest trading level at $8.645 during the session, while it also had its lowest trading level at $8.27.
Ratios:
Our goal is to gain a better understanding of HIMX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.13. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.03.
On July 14, 2022, Credit Suisse Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $7.
Nomura Downgraded its Buy to Neutral on April 07, 2022, while the target price for the stock was maintained at $11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIMX now has a Market Capitalization of 1500644864 and an Enterprise Value of 3228525056. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.29, and their Forward P/E ratio for the next fiscal year is 8.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 3.56 whereas that against EBITDA is 35.645.
Stock Price History:
The Beta on a monthly basis for HIMX is 2.12, which has changed by 0.53604436 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, HIMX has reached a high of $13.91, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -12.96%, while the 200-Day Moving Average is calculated to be 14.45%.
Shares Statistics:
The stock has traded on average 4.01M shares per day over the past 3-months and 2532660 shares per day over the last 10 days, according to various share statistics. A total of 174.70M shares are outstanding, with a floating share count of 174.70M. Insiders hold about 0.00% of the company’s shares, while institutions hold 20.14% stake in the company. Shares short for HIMX as of 1740700800 were 7962391 with a Short Ratio of 1.99, compared to 1738281600 on 6963511. Therefore, it implies a Short% of Shares Outstanding of 7962391 and a Short% of Float of 6.02.
Dividends & Splits
In the trailing 12 months, HIMX’s forward annual dividend rate was 0.0, compared to 0.29 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.89.
