Aixtron AG (AIXG) Shares Gap Up to $6.07
Aixtron AG (NASDAQ:AIXG) shares gapped up before the market opened on Tuesday . The stock had previously closed at $6.04, but opened at $6.07. Aixtron AG shares last traded at $6.12, with a volume of 22,681 shares traded.
A number of research analysts recently commented on the company. Zacks Investment Research upgraded Aixtron AG from a “hold” rating to a “buy” rating and set a $7.00 price objective for the company in a research note on Tuesday, August 16th. DZ Bank AG restated a “sell” rating on shares of Aixtron AG in a research note on Friday, August 12th. Canaccord Genuity restated a “sell” rating on shares of Aixtron AG in a research note on Tuesday, May 24th. Finally, Commerzbank AG upgraded Aixtron AG from a “reduce” rating to a “hold” rating in a research note on Tuesday, May 24th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $6.67.
The firm’s 50 day moving average is $6.10 and its 200 day moving average is $5.28. The stock’s market capitalization is $685.21 million.
Aixtron AG (NASDAQ:AIXG) last released its earnings results on Thursday, August 11th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.01. Equities research analysts forecast that Aixtron AG will post ($0.29) EPS for the current year.
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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