Aixtron SE NA Stock Gaps Up On Today's Open (AIXG)
Shares of Aixtron SE NA (Nasdaq:AIXG) were gapping up Thursday morning with an open price 12.5% higher than Wednesday's closing price. The stock closed at $16.35 yesterday and opened today's trading at $18.39.
NEW YORK ( TheStreet) -- Shares of Aixtron SE NA (Nasdaq: AIXG) were gapping up Thursday morning with an open price 12.5% higher than Wednesday's closing price. The stock closed at $16.35 Wednesday and opened today's trading at $18.39. The average volume for Aixtron SE NA has been 243,800 shares per day over the past 30 days. Aixtron SE NA has a market cap of $1.48 billion and is part of the technology sector and electronics industry. Shares are up 26.4% year to date as of the close of trading on Wednesday. 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 7.1 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Aixtron SE NA as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing 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.