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The price of Himax Technologies ADR (NASDAQ: HIMX) closed at $6.66 in the last session, up 13.07% from day before closing price of $5.89. In other words, the price has increased by $13.07 from its previous closing price. On the day, 2.4 million shares were traded. HIMX stock price reached its highest trading level at $6.765 during the session, while it also had its lowest trading level at $5.7.
Ratios:
We take a closer look at HIMX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.12. 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 0.61 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 1164920448 and an Enterprise Value of 2513469696. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.56, and their Forward P/E ratio for the next fiscal year is 6.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 2.772 whereas that against EBITDA is 29.164.
Stock Price History:
The Beta on a monthly basis for HIMX is 2.11, which has changed by 0.23105359 over the last 52 weeks, in comparison to a change of 0.049593568 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 -26.18%, while the 200-Day Moving Average is calculated to be -8.22%.
Shares Statistics:
According to the various share statistics, HIMX traded on average about 3.99M shares per day over the past 3-months and 2078870 shares per day over the past 10 days. A total of 171.48M shares are outstanding, with a floating share count of 171.48M. Insiders hold about 0.00% of the company’s shares, while institutions hold 20.60% stake in the company. Shares short for HIMX as of 1741910400 were 8699350 with a Short Ratio of 2.18, compared to 1739491200 on 7810647. Therefore, it implies a Short% of Shares Outstanding of 8699350 and a Short% of Float of 6.5799996.
Dividends & Splits
The forward annual dividend rate for HIMX is 0.29, which was 0.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.89.
