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Do Analysts Expect Himax Technologies, Inc. (HIMX) Stock to Rise After It Is Lower By -11.34% in a Month?

Friday, August 26, 2022 02:06 PM | InvestorsObserver Analysts

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Do Analysts Expect Himax Technologies, Inc. (HIMX) Stock to Rise After It Is Lower By -11.34% in a Month?

Wall Street is positive on Himax Technologies, Inc. (HIMX). On average, analysts give Himax Technologies, Inc. a Sell rating. The average price target is $9.25, which means analysts expect the stock to gain by 44.31% over the next twelve months. That average ranking earns Himax Technologies, Inc. an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2
Wall Street analysts are rating HIMX a Sell today. Find out what this means to you and get the rest of the rankings on HIMX!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Himax Technologies, Inc. Stock Today?

Himax Technologies, Inc. (HIMX) stock is trading at $6.41 as of 1:55 PM on Friday, Aug 26, a drop of -$0.31, or -4.69% from the previous closing price of $6.72. The stock has traded between $6.40 and $6.79 so far today. Volume today is low. So far 1,095,089 shares have traded compared to average volume of 1,987,696 shares. Click Here to get the full Stock Report for Himax Technologies, Inc. stock.

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