Himax Technologies ADR [HIMX] stock is trading at $8.11, up 1.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The HIMX shares have gain 4.79% over the last week, with a monthly amount glided 54.29%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Himax Technologies ADR [NASDAQ: HIMX] stock has seen the most recent analyst activity on August 11, 2023, when Credit Suisse upgraded its rating to a Outperform but kept the price target unchanged to $8 for it. Previously, Credit Suisse downgraded its rating to Neutral on July 14, 2022, and kept the price target unchanged to $7. On April 07, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $11 on the stock. Nomura upgraded its rating to a Buy. Credit Suisse upgraded its rating to a Outperform. In a note dated January 31, 2020, Lake Street upgraded an Buy rating on this stock and boosted its target price from $2.50 to $5.
Himax Technologies ADR [HIMX] stock has fluctuated between $4.80 and $9.80 over the past year. Himax Technologies ADR [NASDAQ: HIMX] shares were valued at $8.11 at the most recent close of the market.
Analyzing the HIMX fundamentals
Himax Technologies ADR [NASDAQ:HIMX] reported sales of 899.21M for the trailing twelve months, which represents a drop of -5.86%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.92 points at the first support level, and at 7.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.23, and for the 2nd resistance point, it is at 8.35.
Ratios To Look Out For
For context, Himax Technologies ADR’s Current Ratio is 1.64. On the other hand, the Quick Ratio is 1.37, and the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 1.57, the price to book ratio is 1.63 and price to earnings (TTM) ratio is 17.97.
