Aixtron AG (AIXG) Shares Gap Up to $6.26
Shares of Aixtron AG (NASDAQ:AIXG) gapped up prior to trading on Monday . The stock had previously closed at $6.23, but opened at $6.26. Aixtron AG shares last traded at $6.36, with a volume of 21,821 shares traded.
Several analysts recently weighed in on AIXG shares. Equinet Institutional Services restated a “buy” rating on shares of Aixtron AG in a research note on Thursday, April 21st. Commerzbank AG upgraded Aixtron AG from a “reduce” rating to a “hold” rating in a research note on Tuesday, May 24th. Zacks Investment Research upgraded Aixtron AG from a “sell” rating to a “hold” rating in a research note on Tuesday, June 28th. DZ Bank AG restated a “sell” rating on shares of Aixtron AG in a research note on Wednesday, June 29th. Finally, Canaccord Genuity restated a “sell” rating on shares of Aixtron AG in a research note on Tuesday, May 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $5.58.
The firm’s market cap is $710.77 million. The stock’s 50-day moving average is $6.00 and its 200-day moving average is $4.90.
A hedge fund recently raised its stake in Aixtron AG stock. Morgan Stanley increased its stake in shares of Aixtron AG (NASDAQ:AIXG) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 314,288 shares of the company’s stock after buying an additional 10,067 shares during the period. Morgan Stanley owned about 0.28% of Aixtron AG worth $1,370,000 as of its most recent SEC filing.
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.
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