Roth Capital disclosed Himax Technologies (NASDAQ:HIMX), hiking its price target to $10.00 earlier today
- Updated: October 1, 2016
Reporting a potential upside of 0.20%, Roth Capital upped the price target of Himax Technologies (NASDAQ:HIMX) to $10.00
Having a price of $8.30, Himax Technologies (NASDAQ:HIMX) traded 1.90% higher on the day. With the last close down -11.52% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. HIMX has recorded a 50-day average of $9.93 and a two hundred day average of $9.71. Trade Volume was up over the average, with 3,692,833 shares of HIMX changing hands over the typical 3,434,170
Recent Performance Chart
Himax Technologies has PE ratio of 41.50 with a one year low of $5.77 and a one year high of $12.00 and has a market capitalization of $0.
A total of 11 analysts have released a report on Himax Technologies. One analyst rating the company a strong buy, seven analysts rating the company a buy, three analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $10.52.
General Company Details For Himax Technologies (NASDAQ:HIMX)
Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer level optics, which are used in a range of applications, such as mobile phone, tablet, laptop, televisions, personal computer camera, automobile, security and medical devices.
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