Aixtron AG (NASDAQ: AIXG) was downgraded by equities research analysts at WestLB from a “neutral” rating to a “reduce” rating in a research note issued to investors on Thursday.
Separately, analysts at Needham & Company reiterated a “hold” rating on shares of Aixtron AG in a research note to investors on Wednesday, January 11st. Analysts at Zacks Investment Research upgraded shares of Aixtron AG from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, December 23rd.
AIXTRON AG (AIXTRON) is a provider of deposition equipment to the semiconductor industry. The Company’s technology solutions are used by a range of customers worldwide to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials. Such components are used in displays, signaling, lighting, fiber optic communication systems, wireless and mobile telephony applications, optical and electronic storage devices, computing, as well as a range of other leading-edge technologies. AIXTRON’s business activities include developing, producing and installing equipment for coating semiconductor materials, process engineering, consulting and training, including ongoing customer support. AIXTRON supplies to customers both full production-scale material deposition systems and small scale systems for Research and Development (R&D) use and small-scale production use.
Shares of Aixtron AG opened at 15.48 on Thursday. Aixtron AG has a 52 week low of $11.18 and a 52 week high of $44.96. The stock’s 50-day moving average is $12.92 and its 200-day moving average is $17.98. The company has a market cap of $1.559 billion and a P/E ratio of 8.20.