Aixtron (AIXXF) Projected to Announce Quarterly Earnings on Thursday

Aixtron (OTCMKTS:AIXXF) is expected to issue its resultson Thursday, July 30th. Analysts expect Aixtron to post earnings of $0.1258 per share and revenue of $137.8840 million for the quarter.

Aixtron Stock Down 5.7%

OTCMKTS AIXXF opened at $41.05 on Wednesday. Aixtron has a 52 week low of $13.90 and a 52 week high of $71.52. The stock’s 50-day moving average price is $58.00 and its 200-day moving average price is $44.66.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on AIXXF shares. Citigroup reissued a “buy” rating on shares of Aixtron in a report on Friday, May 1st. Oddo Bhf lowered shares of Aixtron to a “neutral” rating in a research report on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aixtron in a research note on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

About Aixtron

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.