Shares of Aixtron SE/ADR (OTCMKTS:AIIXY – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $64.00, but opened at $71.00. Aixtron SE/ADR shares last traded at $71.00, with a volume of 100 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Aixtron SE/ADR from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 4th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
View Our Latest Stock Report on AIIXY
Aixtron SE/ADR Trading Up 10.9%
The stock’s fifty day moving average price is $77.59 and its 200 day moving average price is $87.93.
About Aixtron SE/ADR
AIXTRON SE is a Germany-based supplier of deposition equipment used to manufacture compound semiconductor materials. Its systems grow thin crystalline layers on semiconductor wafers, a process known as epitaxy, and are used in production for applications including power electronics, optoelectronics and wireless communications.
The company’s product portfolio includes equipment for materials such as gallium nitride, silicon carbide and other compound semiconductors. These materials are used in products ranging from power-conversion components and radio-frequency devices to lasers and light-emitting diodes.
Founded in 1983, AIXTRON is headquartered in Herzogenrath, Germany, and serves customers internationally through its sales and service operations.
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