Daily Market Movement: Himax Technologies ADR (HIMX) Sees a 2.69 Increase, Closing at 9.53

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The closing price of Himax Technologies ADR (NASDAQ: HIMX) was $9.53 for the day, up 2.69% from the previous closing price of $9.28. In other words, the price has increased by $2.69 from its previous closing price. On the day, 6.02 million shares were traded. HIMX stock price reached its highest trading level at $10.022 during the session, while it also had its lowest trading level at $9.1.

Ratios:

Our analysis of HIMX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.36. 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 1667750016 and an Enterprise Value of 2005032320. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.14, and their Forward P/E ratio for the next fiscal year is 25.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 2.235 whereas that against EBITDA is 25.43.

Stock Price History:

The Beta on a monthly basis for HIMX is 2.03, which has changed by 0.6690017 over the last 52 weeks, in comparison to a change of 0.25219524 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 29.04%, while the 200-Day Moving Average is calculated to be 46.44%.

Shares Statistics:

HIMX traded an average of 2.64M shares per day over the past three months and 7843420 shares per day over the past ten days. 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 17.56% stake in the company. Shares short for HIMX as of 1736899200 were 5496699 with a Short Ratio of 2.09, 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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