Insider’s View: Deciphering Himax Technologies ADR (HIMX)’s Financial Health Through Ratios

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The price of Himax Technologies ADR (NASDAQ: HIMX) closed at $6.04 in the last session, up 1.34% from day before closing price of $5.96. In other words, the price has increased by $1.34 from its previous closing price. On the day, 0.53 million shares were traded. HIMX stock price reached its highest trading level at $6.06 during the session, while it also had its lowest trading level at $5.8532.

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 1.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 0.57 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 1055332928 and an Enterprise Value of 1284951040. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.73, and their Forward P/E ratio for the next fiscal year is 13.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 1.407 whereas that against EBITDA is 15.382.

Stock Price History:

Over the past 52 weeks, HIMX has reached a high of $8.73, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 6.71%, while the 200-Day Moving Average is calculated to be -0.15%.

Shares Statistics:

According to the various share statistics, HIMX traded on average about 750.29K shares per day over the past 3-months and 723470 shares per day over the past 10 days. A total of 178.35M shares are outstanding, with a floating share count of 174.70M. Insiders hold about 0.00% of the company’s shares, while institutions hold 16.06% stake in the company. Shares short for HIMX as of 1727654400 were 6245801 with a Short Ratio of 8.32, compared to 1724976000 on 6403544. Therefore, it implies a Short% of Shares Outstanding of 6245801 and a Short% of Float of 4.73.

Dividends & Splits

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

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