IXYS Corp. (IXYS) Shares Up 4.9%
IXYS Corp. (NASDAQ:IXYS) shares shot up 4.9% during trading on Friday . The company traded as high as $11.33 and last traded at $11.31, with a volume of 53,801 shares changing hands. The stock had previously closed at $10.78.
The stock has a market cap of $358.27 million and a PE ratio of 24.75. The company’s 50-day moving average price is $10.89 and its 200 day moving average price is $11.10.
IXYS Corp. (NASDAQ:IXYS) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.05. During the same quarter in the prior year, the company posted $0.16 earnings per share. The business earned $80.64 million during the quarter, compared to analyst estimates of $79.93 million. The company’s revenue was down 1.7% on a year-over-year basis. On average, equities research analysts predict that IXYS Corp. will post $0.72 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 8th. Shareholders of record on Friday, June 24th were paid a $0.04 dividend. The ex-dividend date was Wednesday, June 22nd. This represents a $0.16 annualized dividend and a dividend yield of 1.40%.
A hedge fund recently raised its stake 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 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,091 shares of the company’s stock after buying an additional 26,786 shares during the period. Nationwide Fund Advisors owned about 0.26% of IXYS Corp. worth $1,049,000 at the end of the most recent reporting period.
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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