Himax Technologies (NASDAQ:HIMX) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Himax Technologies, Inc. (NASDAQ:HIMX) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.48 and traded as high as $8.61. Himax Technologies shares last traded at $8.42, with a volume of 617,367 shares.

Analyst Ratings Changes

Several brokerages have recently commented on HIMX. Zacks Research upgraded shares of Himax Technologies to a “hold” rating in a research report on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Himax Technologies in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Himax Technologies has a consensus rating of “Hold” and an average price target of $8.80.

Himax Technologies Price Performance

The business’s fifty day moving average price is $8.19 and its 200 day moving average price is $8.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.60 and a quick ratio of 1.42. The stock has a market cap of $1.47 billion, a P/E ratio of 23.39 and a beta of 1.80.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $199.16 million for the quarter, compared to analyst estimates of $186.22 million. Himax Technologies had a net margin of 7.18% and a return on equity of 6.98%. The firm’s revenue was down 10.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 EPS. Himax Technologies has set its Q4 2025 guidance at 0.020-0.040 EPS.

Institutional Investors Weigh In On Himax Technologies

Hedge funds have recently modified their holdings of the company. Triumph Capital Management acquired a new position in Himax Technologies in the 3rd quarter worth about $28,000. Advisory Services Network LLC acquired a new stake in shares of Himax Technologies during the third quarter valued at about $28,000. USA Financial Formulas bought a new stake in shares of Himax Technologies during the second quarter worth about $32,000. Ameriflex Group Inc. increased its stake in shares of Himax Technologies by 100.0% in the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 1,800 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Himax Technologies by 109.8% in the second quarter. EverSource Wealth Advisors LLC now owns 6,056 shares of the semiconductor company’s stock valued at $54,000 after buying an additional 3,169 shares during the period. Institutional investors and hedge funds own 69.81% of the company’s stock.

Himax Technologies Company Profile

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.