Aixtron AG (AIXG) Trading Up 4.9%
Aixtron AG (NASDAQ:AIXG) shares were up 4.9% during mid-day trading on Friday . The stock traded as high as $6.31 and last traded at $6.25, with a volume of 55,011 shares traded. The stock had previously closed at $5.96.
Several research analysts have recently issued reports on AIXG shares. Equinet Institutional Services reissued a “buy” rating on shares of Aixtron AG in a research report on Thursday, April 21st. Commerzbank AG raised Aixtron AG from a “reduce” rating to a “hold” rating in a research report on Tuesday, May 24th. Zacks Investment Research raised Aixtron AG from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th. DZ Bank AG reissued a “sell” rating on shares of Aixtron AG in a research report on Wednesday, June 29th. Finally, Canaccord Genuity reissued a “sell” rating on shares of Aixtron AG in a research report on Tuesday, May 24th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $5.58.
The company’s market capitalization is $698.50 million. The firm’s 50-day moving average price is $5.99 and its 200-day moving average price is $4.86.
A hedge fund recently raised its stake in Aixtron AG stock. Morgan Stanley increased its stake in Aixtron AG (NASDAQ:AIXG) by 3.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor 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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