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In the latest session, MagnaChip Semiconductor Corp (NYSE: MX) closed at $3.82 down -5.45% from its previous closing price of $4.04. In other words, the price has decreased by -$5.45 from its previous closing price. On the day, 0.95 million shares were traded. MX stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $3.61.
Ratios:
For a deeper understanding of MagnaChip Semiconductor Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.81. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
On January 13, 2021, Needham reiterated its Buy rating and also lowered its target price recommendation from $18 to $25.
On January 08, 2021, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $21.Oppenheimer initiated its Outperform rating on January 08, 2021, with a $21 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MX now has a Market Capitalization of 142114688 and an Enterprise Value of 33919244. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.155 whereas that against EBITDA is -0.919.
Stock Price History:
The Beta on a monthly basis for MX is 0.68, which has changed by -0.31541216 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, MX has reached a high of $6.00, while it has fallen to a 52-week low of $3.56. The 50-Day Moving Average of the stock is -11.15%, while the 200-Day Moving Average is calculated to be -16.02%.
Shares Statistics:
For the past three months, MX has traded an average of 216.09K shares per day and 283710 over the past ten days. A total of 37.29M shares are outstanding, with a floating share count of 32.12M. Insiders hold about 13.67% of the company’s shares, while institutions hold 55.78% stake in the company. Shares short for MX as of 1740700800 were 490459 with a Short Ratio of 2.27, compared to 1738281600 on 532776. Therefore, it implies a Short% of Shares Outstanding of 490459 and a Short% of Float of 1.3599999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
