Aixtron SE NA Stock Gaps Up On Today's Open (AIXG)
Shares of Aixtron SE NA (Nasdaq:AIXG) were gapping up Wednesday morning with an open price 10.2% higher than Tuesday's closing price. The stock closed at $13.77 yesterday and opened today's trading at $15.18.
NEW YORK ( TheStreet) -- Shares of Aixtron SE NA (Nasdaq: AIXG) were gapping up Wednesday morning with an open price 10.2% higher than Tuesday's closing price. The stock closed at $13.77 Tuesday and opened today's trading at $15.18. The average volume for Aixtron SE NA has been 464,200 shares per day over the past 30 days. Aixtron SE NA has a market cap of $1.4 billion and is part of the technology sector and electronics industry. Shares are down 62.3% year to date as of the close of trading on Tuesday. Aixtron SE, together with its subsidiaries, engages in developing, producing, and installing deposition equipment for the semiconductor and compound-semiconductor industry. The company has a P/E ratio of 29.9, above the average electronics industry P/E ratio of five and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Aixtron SE NA as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Aixtron SE NA Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting UP to 95370 or select from multiple alert options.