Aixtron SE/ADR (OTCMKTS:AIIXY) Shares Gap Down – Here’s Why

Aixtron SE/ADR (OTCMKTS:AIIXY – Get Free Report)’s share price gapped down prior to trading on Thursday. The stock had previously closed at $73.00, but opened at $67.56. Aixtron SE/ADR shares last traded at $67.1168, with a volume of 731 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of Aixtron SE/ADR from a “hold” rating to a “strong sell” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Our Latest Analysis on AIIXY

Aixtron SE/ADR Price Performance

The business’s 50-day simple moving average is $82.94 and its two-hundred day simple moving average is $99.42.

About Aixtron SE/ADR

(Get Free Report)

Aixtron SE is a Germany-based provider of deposition equipment used to manufacture advanced semiconductor materials and devices. The company develops and produces systems based on technologies including metal-organic chemical vapor deposition (MOCVD), chemical vapor deposition (CVD), and atomic layer deposition (ALD). Its equipment is used to deposit highly controlled layers of semiconductor materials onto wafers.

Aixtron’s systems support the production of compound and advanced silicon semiconductors, including gallium nitride (GaN), silicon carbide (SiC), gallium arsenide (GaAs), and related materials.

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