Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Himax Technologies ADR’s stock clocked out at $6.45, down -3.44% from its previous closing price of $6.68. In other words, the price has decreased by -$3.44 from its previous closing price. On the day, 0.94 million shares were traded. HIMX stock price reached its highest trading level at $6.565 during the session, while it also had its lowest trading level at $6.23.
Ratios:
To gain a deeper understanding of HIMX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.77. 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 1128188800 and an Enterprise Value of 2583435008. As of this moment, Himax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.10, and their Forward P/E ratio for the next fiscal year is 6.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 2.849 whereas that against EBITDA is 29.976.
Stock Price History:
The Beta on a monthly basis for HIMX is 2.15, which has changed by 0.2977867 over the last 52 weeks, in comparison to a change of 0.05279863 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 -25.74%, while the 200-Day Moving Average is calculated to be -10.57%.
Shares Statistics:
It appears that HIMX traded 3.92M shares on average per day over the past three months and 1867700 shares per day over the past ten 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 20.58% stake in the company. Shares short for HIMX as of 1743379200 were 7625614 with a Short Ratio of 1.94, compared to 1740700800 on 7962391. Therefore, it implies a Short% of Shares Outstanding of 7625614 and a Short% of Float of 5.7700000000000005.
Dividends & Splits
With its trailing 12-month dividend rate of 0.0, HIMX has a forward annual dividend rate of 0.29. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.89.
