Magnachip Semiconductor (NYSE:MX) Shares Cross Above 50 Day Moving Average – Should You Sell?

Posted by Francis Steltz on Nov 12th, 2026

Magnachip Semiconductor Corp. (NYSE:MX – Get Free Report) crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $2.91 and traded as high as $3.00. Magnachip Semiconductor shares last traded at $2.9630, with a volume of 1,550,687 shares traded.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Magnachip Semiconductor in a research note on Thursday, October 29th. Wall Street Zen lowered shares of Magnachip Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, November 7th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Magnachip Semiconductor currently has an average rating of “Reduce”.

Check Out Our Latest Report on MX

Magnachip Semiconductor Price Performance

The stock has a market capitalization of $112.74 million, a P/E ratio of -3.61 and a beta of 1.72. The firm has a fifty day moving average price of $2.91 and a two-hundred day moving average price of $3.64. The company has a quick ratio of 2.02, a current ratio of 2.65 and a debt-to-equity ratio of 0.07.

Magnachip Semiconductor (NYSE:MX – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The semiconductor company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.09). The company had revenue of $43.98 million during the quarter, compared to the consensus estimate of $47.50 million. Magnachip Semiconductor had a negative return on equity of 11.18% and a negative net margin of 17.15%.

Insider Buying and Selling at Magnachip Semiconductor

In other news, CEO Chae Lee bought 80,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 23rd. The stock was bought at an average price of $3.18 per share, with a total value of $254,400.00. Following the acquisition, the chief executive officer owned 368,750 shares of the company’s stock, valued at approximately $1,172,625. This represents a 27.71% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders have acquired 170,000 shares of company stock worth $474,200. 10.90% of the stock is currently owned by insiders.

Institutional Trading of Magnachip Semiconductor

A number of institutional investors and hedge funds have recently bought and sold shares of MX. FourWorld Capital Management LLC lifted its position in shares of Magnachip Semiconductor by 667.1% in the first quarter. FourWorld Capital Management LLC now owns 1,657,701 shares of the semiconductor company’s stock worth $4,642,000 after buying an additional 1,441,593 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in Magnachip Semiconductor during the 2nd quarter valued at about $1,953,000. GSA Capital Partners LLP bought a new stake in shares of Magnachip Semiconductor during the 2nd quarter worth approximately $946,000. Almanack Investment Partners LLC. bought a new position in Magnachip Semiconductor in the 3rd quarter worth about $626,000. Finally, TD Waterhouse Canada Inc. bought a new position in shares of Magnachip Semiconductor during the 2nd quarter worth $574,000. 74.26% of the stock is currently owned by institutional investors.

About Magnachip Semiconductor

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Magnachip Semiconductor Corporation (NYSE: MX) is a semiconductor company that designs and supplies analog and mixed-signal products. Its portfolio is focused primarily on power semiconductors and display solutions used in consumer electronics, communications equipment, automotive applications, industrial systems and other electronic devices. The company’s power products include metal-oxide-semiconductor field-effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs), power integrated circuits and other discrete semiconductor devices designed to manage power conversion, distribution and efficiency.