Currently, there are 174.70M common shares owned by the public and among those 174.70M shares have been available to trade.
The company’s stock has a 5-day price change of 46.52% and 104.94% over the past three months. HIMX shares are trading 59.83% year to date (YTD), with the 12-month market performance up to 105.60% higher. It has a 12-month low price of $4.80 and touched a high of $12.40 over the same period. HIMX has an average intraday trading volume of 2.09 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 49.41%, 77.67%, and 98.66% respectively.
Institutional ownership of Himax Technologies ADR (NASDAQ: HIMX) shares accounts for 17.51% of the company’s 174.70M shares outstanding.
It has a market capitalization of $2.24B and a beta (3y monthly) value of 2.09. The stock’s trailing 12-month PE ratio is 28.50, while the earnings-per-share (ttm) stands at $0.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 15.82% over the week and 8.30% over the month.
Analysts forecast that Himax Technologies ADR (HIMX) will achieve an EPS of 0.1 for the current quarter, 0.08 for the next quarter and 0.58 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.1 while analysts give the company a high EPS estimate of 0.1. Earnings per share for the fiscal year are expected to increase by 44.52%, and -12.26% over the next financial year.
Looking at the support for the HIMX, a number of firms have released research notes about the stock. Credit Suisse stated their Outperform rating for the stock in a research note on August 11, 2023, with the firm’s price target at $8. Credit Suisse coverage for the Himax Technologies ADR (HIMX) stock in a research note released on July 14, 2022 offered a Neutral rating with a price target of $7. Credit Suisse on their part issued Outperform rating on April 01, 2020.
