Aixtron (OTCMKTS:AIXXF) Shares Up 2% – Here’s Why

Shares of Aixtron Se (OTCMKTS:AIXXF) traded up 2% on Tuesday . The stock traded as high as $20.05 and last traded at $20.05. 2,900 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 6,232 shares. The stock had previously closed at $19.65.

Wall Street Analysts Forecast Growth

AIXXF has been the topic of several recent analyst reports. Barclays upgraded shares of Aixtron from a “cautious” rating to an “overweight” rating in a research report on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aixtron in a research note on Wednesday, September 24th. Finally, Citigroup reiterated a “buy” rating on shares of Aixtron in a research note on Monday, October 13th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Aixtron Price Performance

The stock’s fifty day moving average is $18.59 and its 200 day moving average is $17.23.

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.