The stock of Himax Technologies Inc. (HIMX) has seen a 0.30% increase in the past week, with a -1.93% drop in the past month, and a -15.35% decrease in the past quarter. The volatility ratio for the week is 3.00%, and the volatility levels for the past 30 days are at 3.74% for HIMX. The simple moving average for the past 20 days is -0.35% for HIMX’s stock, with a -3.09% simple moving average for the past 200 days.
Is It Worth Investing in Himax Technologies Inc. (NASDAQ: HIMX) Right Now?
The price-to-earnings ratio for Himax Technologies Inc. (NASDAQ: HIMX) is above average at 4.89x. The 36-month beta value for HIMX is also noteworthy at 2.12. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for HIMX is $7.87, which is $1.17 above than the current price. The public float for HIMX is 172.67M, and at present, short sellers hold a 4.82% of that float. The average trading volume of HIMX on May 24, 2023 was 765.80K shares.
HIMX) stock’s latest price update
The stock of Himax Technologies Inc. (NASDAQ: HIMX) has decreased by -3.92 when compared to last closing price of 6.89.Despite this, the company has seen a gain of 0.30% in its stock price over the last five trading days.
HIMX Trading at -8.15% from the 50-Day Moving Average
After a stumble in the market that brought HIMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.73% of loss for the given period.
Volatility was left at 3.74%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares surge +2.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.97% lower at present.
During the last 5 trading sessions, HIMX rose by +0.30%, which changed the moving average for the period of 200-days by -4.47% in comparison to the 20-day moving average, which settled at $6.65. In addition, Himax Technologies Inc. saw 6.60% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HIMX
Current profitability levels for the company are sitting at:
- +21.44 for the present operating margin
- +39.24 for the gross margin
The net margin for Himax Technologies Inc. stands at +19.73. The total capital return value is set at 21.33, while invested capital returns managed to touch 25.46. Equity return is now at value 26.60, with 13.60 for asset returns.
Based on Himax Technologies Inc. (HIMX), the company’s capital structure generated 46.58 points at debt to equity in total, while total debt to capital is 31.78. Total debt to assets is 25.12, with long-term debt to equity ratio resting at 4.54. Finally, the long-term debt to capital ratio is 3.10.
When we switch over and look at the enterprise to sales, we see a ratio of 1.00, with the company’s debt to enterprise value settled at 0.46. The receivables turnover for the company is 3.56 and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.93.
In summary, Himax Technologies Inc. (HIMX) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.