Melexis NV (OTCMKTS:MLXSF – Get Free Report) shares were down 12.8% on Monday . The company traded as low as $77.00 and last traded at $77.00. Approximately 140 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 533 shares. The stock had previously closed at $88.28.
Analyst Ratings Changes
Separately, Morgan Stanley upgraded Melexis to an “overweight” rating in a research report on Tuesday, June 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Melexis has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on MLXSF
Melexis Price Performance
About Melexis
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers.
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