IXYS Corp. (IXYS) Sees Unusually-High Trading Volume
Shares of IXYS Corp. (NASDAQ:IXYS) saw strong trading volume on Thursday . 204,643 shares changed hands during trading, an increase of 134% from the previous session’s volume of 87,577 shares.The stock last traded at $11.45 and had previously closed at $11.21.
The firm’s 50-day moving average price is $11.07 and its 200-day moving average price is $11.09. The stock has a market cap of $363.97 million and a P/E ratio of 25.10.
IXYS Corp. (NASDAQ:IXYS) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.05. During the same period in the prior year, the company earned $0.16 EPS. The company had revenue of $80.64 million for the quarter, compared to the consensus estimate of $79.93 million. The firm’s revenue 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 fiscal year.
A hedge fund recently raised its stake in IXYS Corp. stock. Nationwide Fund Advisors boosted its position in shares of IXYS Corp. (NASDAQ:IXYS) by 47.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 approximately 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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