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.
In the latest session, Himax Technologies ADR (NASDAQ: HIMX) closed at $9.71 up 44.93% from its previous closing price of $6.70. In other words, the price has increased by $44.93 from its previous closing price. On the day, 19.87 million shares were traded. HIMX stock price reached its highest trading level at $9.8 during the session, while it also had its lowest trading level at $6.5.
Ratios:
For a deeper understanding of Himax Technologies ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.61. 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 1699250048 and an Enterprise Value of 2036483200. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.54, and their Forward P/E ratio for the next fiscal year is 26.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 2.27 whereas that against EBITDA is 25.829.
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 63.41%, while the 200-Day Moving Average is calculated to be 59.73%.
Shares Statistics:
For the past three months, HIMX has traded an average of 792.42K shares per day and 1121050 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 17.38% stake in the company. Shares short for HIMX as of 1732838400 were 6426273 with a Short Ratio of 8.11, compared to 1730332800 on 6420145. Therefore, it implies a Short% of Shares Outstanding of 6426273 and a Short% of Float of 4.8600003.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.89.
