Himax Technologies ADR (NASDAQ: HIMX) is -8.57% lower on its value in year-to-date trading and has touched a low of $4.80 and a high of $8.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HIMX stock was last observed hovering at around $5.43 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $5.55, the stock is 1.95% and -4.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.69 million and changing 2.21% at the moment leaves the stock -8.37% off its SMA200. HIMX registered -3.48% loss for a year compared to 6-month gain of 3.74%. The firm has a 50-day simple moving average (SMA 50) of $5.7668 and a 200-day simple moving average (SMA200) of $6.0542.
The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a -29.21%, and is -2.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.89% over the week and 2.56% over the month.
Himax Technologies ADR (HIMX) has around 2164 employees, a market worth around $969.59M and $913.12M in sales. Current P/E ratio is 12.61 and Fwd P/E is 12.17. Profit margin for the company is 8.43%. Distance from 52-week low is 15.62% and -36.43% from its 52-week high. The company has generated returns on investments over the last 12 months (8.66%).
The EPS is expected to grow by 47.10% this year
The shares outstanding are 178.35M, and float is at 174.70M with Short Float at 3.63%.
The top institutional shareholder in the company is LAZARD ASSET MANAGEMENT LLC with over 4.58 million shares valued at $36.4 million. The investor’s holdings represent 2.6236 of the HIMX Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 3.37 million shares valued at $26.73 million to account for 1.9285 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.11 million shares representing 1.2087 and valued at over $16.77 million, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 0.752 of the shares totaling 1.31 million with a market value of $10.43 million.
