Aixtron (OTCMKTS:AIXXF) Stock Price Down 0.4% – Here’s What Happened

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AIXXF shares. Barclays raised shares of Aixtron from a “cautious” rating to an “overweight” rating in a research report on Wednesday, November 5th. Jefferies Financial Group raised Aixtron to a “buy” rating in a report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Aixtron Trading Down 0.4%

The business’s 50 day simple moving average is $23.44 and its 200 day simple moving average is $19.34.

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.