Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Himax Technologies ADR (NASDAQ: HIMX) was $10.04 for the day, down -5.55% from the previous closing price of $10.63. In other words, the price has decreased by -$5.55 from its previous closing price. On the day, 4.13 million shares were traded.
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 2.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.07. 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:
As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.10, and their Forward P/E ratio for the next fiscal year is 10.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 2.03.
Stock Price History:
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 11.35%, while the 200-Day Moving Average is calculated to be 44.25%.
Shares 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 20.13% stake in the company.
