IXYS Corp. (IXYS) Trading 4.9% Higher
Shares of IXYS Corp. (NASDAQ:IXYS) traded up 4.9% during trading on Friday . The stock traded as high as $11.33 and last traded at $11.31, with a volume of 53,801 shares trading hands. The stock had previously closed at $10.78.
The firm has a market capitalization of $358.94 million and a price-to-earnings ratio of 24.75. The company’s 50 day moving average is $10.89 and its 200-day moving average is $11.10.
IXYS Corp. (NASDAQ:IXYS) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by $0.05. The firm had revenue of $80.64 million for the quarter, compared to the consensus estimate of $79.93 million. During the same period last year, the firm earned $0.16 earnings per share. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. On average, equities research analysts predict that IXYS Corp. will post $0.72 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 8th. Stockholders of record on Friday, June 24th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Wednesday, June 22nd.
An institutional investor recently raised its position in IXYS Corp. stock. Nationwide Fund Advisors boosted its stake in shares of IXYS Corp. (NASDAQ:IXYS) by 47.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,091 shares of the company’s stock after buying an additional 26,786 shares during the period. Nationwide Fund Advisors owned 0.26% of IXYS Corp. worth $1,049,000 at the end of the most recent quarter.
IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development, manufacture and marketing of power semiconductors, advanced mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors.
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