Aixtron SE/ADR (OTCMKTS:AIIXY) Rating Increased to Strong-Buy at Zacks Research

Aixtron SE/ADR (OTCMKTS:AIIXY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Aixtron SE/ADR Stock Performance

Shares of OTCMKTS AIIXY opened at $127.72 on Monday. Aixtron SE/ADR has a 52-week low of $28.52 and a 52-week high of $131.14. The firm has a 50 day moving average price of $98.49 and a 200 day moving average price of $65.14.

Aixtron SE/ADR (OTCMKTS:AIIXY) is a Germany‐based technology company specializing in the development and manufacture of deposition equipment for the semiconductor industry. The company’s core expertise lies in metalorganic chemical vapor deposition (MOCVD) systems, which are used to produce compound semiconductor materials such as gallium nitride (GaN), gallium arsenide (GaAs) and indium phosphide (InP). These materials are critical to the fabrication of light‐emitting diodes (LEDs), laser diodes, power electronics and high‐frequency devices.

In addition to its flagship MOCVD platforms, Aixtron offers a range of complementary thin‐film deposition tools, including atomic layer deposition (ALD) and plasma‐enhanced chemical vapor deposition (PECVD) systems.