Himax Technologies, Inc. (HIMX) Rating Increased to Buy at Roth Capital
Himax Technologies, Inc. (NDAQ:HIMX) was upgraded by analysts at Roth Capital from a “neutral” rating to a “buy” rating in a note issued to investors on Friday.
HIMX has been the subject of a number of other reports. Northland Securities upgraded shares of Himax Technologies from a “market perform” rating to an “outperform” rating in a research report on Thursday, February 16th. Nomura upgraded shares of Himax Technologies from a “neutral” rating to a “buy” rating in a research report on Friday, February 17th. Finally, Morgan Stanley upgraded shares of Himax Technologies from an “underweight” rating to an “equal weight” rating in a research report on Friday, March 10th.
Shares of Himax Technologies (NDAQ:HIMX) opened at 8.85 on Friday. The firm has a market capitalization of $1.52 billion and a price-to-earnings ratio of 30.00. Himax Technologies has a 12-month low of $4.88 and a 12-month high of $12.00. The firm has a 50-day moving average of $6.57 and a 200 day moving average of $7.51.
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About Himax Technologies
Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.
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