Closing Strong: Himax Technologies ADR (HIMX) Ends at 10.12, Up 4.22 from Last Close

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After finishing at $9.71 in the prior trading day, Himax Technologies ADR (NASDAQ: HIMX) closed at $10.12, up 4.22%. In other words, the price has increased by $4.22 from its previous closing price. On the day, 5.48 million shares were traded. HIMX stock price reached its highest trading level at $10.52 during the session, while it also had its lowest trading level at $9.75.

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 2.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 0.62 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 1770999936 and an Enterprise Value of 2108121216. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.45, and their Forward P/E ratio for the next fiscal year is 27.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 2.35 whereas that against EBITDA is 26.737.

Stock Price History:

The Beta on a monthly basis for HIMX is 2.04, which has changed by 0.7943262 over the last 52 weeks, in comparison to a change of 0.22208416 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 32.19%, while the 200-Day Moving Average is calculated to be 53.90%.

Shares Statistics:

The stock has traded on average 2.84M shares per day over the past 3-months and 8348950 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 17.55% stake in the company. Shares short for HIMX as of 1736899200 were 5496699 with a Short Ratio of 1.94, compared to 1734048000 on 6562926. Therefore, it implies a Short% of Shares Outstanding of 5496699 and a Short% of Float of 4.1500002.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.89.

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