Aixtron AG (NASDAQ:AIXG)’s share price shot up 4.9% during mid-day trading on Friday . The company traded as high as $6.31 and last traded at $6.25, with a volume of 55,011 shares. The stock had previously closed at $5.96.

A number of brokerages have issued reports on AIXG. Commerzbank AG upgraded shares of Aixtron AG from a “reduce” rating to a “hold” rating in a research report on Tuesday, May 24th. Canaccord Genuity restated a “sell” rating on shares of Aixtron AG in a research report on Tuesday, May 24th. DZ Bank AG restated a “sell” rating on shares of Aixtron AG in a research report on Wednesday, June 29th. Zacks Investment Research upgraded shares of Aixtron AG from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th. Finally, Equinet Institutional Services restated a “buy” rating on shares of Aixtron AG in a research report on Thursday, April 21st. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $5.58.

The stock’s market capitalization is $698.50 million. The firm’s 50-day moving average price is $5.99 and its 200-day moving average price is $4.84.

Aixtron AG (NASDAQ:AIXG) last announced its earnings results on Tuesday, April 26th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.07) by $0.07. During the same period in the previous year, the company earned ($0.08) EPS. The company had revenue of $21.40 million for the quarter, compared to analysts’ expectations of $39.35 million. The firm’s quarterly revenue was down 46.9% compared to the same quarter last year. On average, equities research analysts forecast that Aixtron AG will post ($0.31) EPS for the current year.

An institutional investor recently raised its position in Aixtron AG stock. Morgan Stanley increased its position in shares of Aixtron AG (NASDAQ:AIXG) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 314,288 shares of the company’s stock after buying an additional 10,067 shares during the period. Morgan Stanley owned approximately 0.28% of Aixtron AG worth $1,370,000 at the end of the most recent quarter.

Aixtron SE is a provider of deposition equipment to the semiconductor and compound-semiconductor industry. The Company’s technology solutions are used by a diverse range of customers to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.