Aixtron (OTCMKTS:AIXXF) Trading Up 2% – What’s Next?

Shares of Aixtron Se (OTCMKTS:AIXXF) were up 2% during trading on Thursday . The company traded as high as $16.41 and last traded at $16.41. Approximately 376 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 5,677 shares. The stock had previously closed at $16.09.

Analysts Set New Price Targets

A number of equities analysts have commented on AIXXF shares. Barclays reiterated a “cautious” rating on shares of Aixtron in a report on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aixtron in a report on Wednesday, September 24th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

Aixtron Stock Performance

The firm’s 50 day moving average is $15.78 and its two-hundred day moving average is $15.20.

About Aixtron

AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor industry in Asia, Europe, and the Americas. It develops, produces, and installs equipment for the deposition of semiconductor materials; and offers deposition processes, consulting, training, customer support, and other related services, as well as peripheral devices and services for the operation of its systems.