Himax Technologies ADR (NASDAQ: HIMX) is -7.09% lower on its value in year-to-date trading and has touched a low of $5.12 and a high of $13.91 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 $7.51 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $7.47, the stock is 9.00% and -4.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -0.53% at the moment leaves the stock 4.48% off its SMA200. HIMX registered 44.77% gain for a year compared to 6-month gain of 29.69%.
The stock witnessed a 22.06% loss in the last 1 month and extending the period to 3 months gives it a -23.62%, and is 5.58% up 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 3.73% over the week and 5.21% over the month.
Himax Technologies ADR (HIMX) has around 2177 employees, a market worth around $1.28B and $905.00M in sales. Current P/E ratio is 16.33 and Fwd P/E is 7.47. Profit margin for the company is 8.79%. Distance from 52-week low is 45.90% and -46.30% from its 52-week high. The company has generated returns on investments over the last 12 months (8.63%).
The EPS is expected to shrink by -34.21% this year
The shares outstanding are 171.48M, and float is at 171.48M with Short Float at 3.92%.
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 1.3118 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 0.9643 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.11 million shares representing 0.6043 and valued at over $16.77 million, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 0.376 of the shares totaling 1.31 million with a market value of $10.43 million.
