Aixtron (ETR:AIXA) Stock Price Up 6.2% – Here’s What Happened

Aixtron Se (ETR:AIXA)’s stock price was up 6.2% during mid-day trading on Wednesday . The stock traded as high as €23.15 and last traded at €22.42. Approximately 1,609,597 shares were traded during trading, a decline of 26% from the average daily volume of 2,170,000 shares. The stock had previously closed at €21.12.

Aixtron Price Performance

The company has a current ratio of 3.21, a quick ratio of 2.05 and a debt-to-equity ratio of 0.81. The business has a 50-day moving average of €18.92 and a 200 day moving average of €16.01. The firm has a market capitalization of $2.56 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of 2.38 and a beta of 0.84.

Aixtron Company Profile

AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor industry in Asia, Europe, and the Americas. It develops, produces, and installs equipment for the deposition of semiconductor materials; and offers deposition processes, consulting, training, customer support, and other related services, as well as peripheral devices and services for the operation of its systems. The company's product portfolio includes MOCVD, CVD and PECVD, and OVPD and PVPD systems.