Himax Technologies Inc. (HIMX): Investor showing Interest in it

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Himax Technologies Inc. (NASDAQ:HIMX) changes shares on Friday trading session, with a change of 1.17% or $0.04 shares. The trading starts at $3.46 and closed at $3.41 throughout the day. The trading session low price was $3.38 and day high was $3.57 on Friday, June 19. After the session, the Technology sector daily volume shifted to 1.44 million while its average volume is 1.29M. In other hand, the HIMX market cap reached to $564.52M. While, its current target price is $3.45 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 7.14% and up 9.18% for month. Its quarterly performance was 36.90% above, while its half year performance is up 35.83%. HIMX yearly performance stood at positive 2.37% and rise 29.70% for year-to-date. Current recommendation for Himax Technologies Inc. is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. HIMX EPS (TTM) for 12-month is -0.10. EPS for this year is -284.70%, while for the next year its value is 0.13. Its EPS Q/Q reached 241.40%. It has an EPS of -17.10% down for past five years and for the next five years will be up 25.00%.

Let’s take a look on the analyst recommendations on HIMX for the current month and previous month. For the current month, 2 of 4 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 5 analysts participate in stock recommendation. Out of 5, 0 rated it sell, 2 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $3.50-$5.50. Average target price for HIMX was reached at $4.47.

Yiheng Capital Management, L.P., Renaissance Technologies, LLC and Millennium Management LLC are the top three holders in Himax Technologies Inc. (HIMX) stock. On Mar 30, 2020, Yiheng Capital Management, L.P. has 5.36 million shares which valued 14.68 million. On Mar 30, 2020, Renaissance Technologies, LLC owned 3.33 million shares which valued at 9.13 million. On Mar 30, 2020, Millennium Management LLC has a total of 1.85 million shares which valued at 5.06 million. In the end, Millennium Management LLC have 1.07% shares outstanding of Himax Technologies Inc. (HIMX) on Mar 30, 2020. The insider ownership moved to 12.30% and institutional holding shifted to 11.70%.

The company posted an EPS (TTM) of -0.10. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.02, while -0.03 EPS posted a year ago period. Analyst Estimated EPS for HIMX published in the report was -0.02–0.01 during the same period. Comparing with last year, the average estimated EPS was -0.03 which is lower than 0.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for HIMX rise 13.81% for period of 200 days. SMA for 50 days was 6.70% which is showing green signal, while SMA-20 was 7.73%. The moving average value for Himax Technologies Inc. (HIMX) is 3.3430 and 3.1991 for 200 and 50 days respectively.