Aixtron (OTCMKTS:AIXXF) Shares Down 1% – Should You Sell?

Aixtron Se (OTCMKTS:AIXXF)’s stock price was down 1% during mid-day trading on Wednesday . The stock traded as low as $24.35 and last traded at $24.35. Approximately 1,690 shares were traded during trading, an increase of 1% from the average daily volume of 1,673 shares. The stock had previously closed at $24.5950.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aixtron in a research note on Wednesday, September 24th. Barclays upgraded shares of Aixtron from a “cautious” rating to an “overweight” rating in a research report on Wednesday, November 5th. Finally, Citigroup reiterated a “buy” rating on shares of Aixtron in a research report on Monday, October 13th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Aixtron Trading Down 1.0%

The stock has a fifty day moving average of $20.40 and a two-hundred day moving average of $17.89.

Aixtron Company Profile

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.