Aixtron (OTCMKTS:AIXXF) Stock Price Down 0.4% – What’s Next?

Aixtron Se (OTCMKTS:AIXXF)’s stock price fell 0.4% during mid-day trading on Friday . The stock traded as low as $26.10 and last traded at $27.50. 5,573 shares traded hands during trading, a decline of 46% from the average session volume of 10,226 shares. The stock had previously closed at $27.62.

Wall Street Analysts Forecast Growth

AIXXF has been the subject of several recent research reports. Barclays upgraded shares of Aixtron from a “cautious” rating to an “overweight” rating in a report on Wednesday, November 5th. Jefferies Financial Group raised shares of Aixtron to a “buy” rating in a research note on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Aixtron Trading Down 0.4%

The business’s fifty day moving average price is $23.44 and its 200 day moving average price is $19.35.

Aixtron Company Profile

Aixtron SE, founded in 1983 and headquartered in Herzogenrath, Germany, is a leading provider of deposition equipment for the compound semiconductor industry. The company’s core expertise lies in metal-organic chemical vapor deposition (MOCVD) and atomic layer deposition (ALD) systems, which are used to grow epitaxial layers of materials like gallium nitride, gallium arsenide and related alloys. These systems support applications ranging from light-emitting diodes (LEDs) and laser diodes to power electronics, photonic devices and data communications components.

Operating globally, Aixtron maintains R&D, manufacturing and service facilities across Europe, Asia and North America.