IXYS Corp. Sets New 1-Year High at $12.45 (IXYS)
IXYS Corp. (NASDAQ:IXYS) set a new 52-week high during trading hours on Friday, American Banking & Market News reports. The company traded as high as $12.45 and last traded at $12.37, with a volume of 141,948 shares. The stock had previously closed at $12.17.
Several analysts have recently commented on the stock. Analysts at Needham & Company raised their price target on shares of IXYS Corp. from $12.00 to $13.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at TheStreet downgraded shares of IXYS Corp. from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, August 21st. Finally, analysts at Zacks upgraded shares of IXYS Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, August 14th. They now have a $11.20 price target on the stock.
In other IXYS Corp. news, Director Samuel Kory sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of $10.91, for a total value of $54,550.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
IXYS Corp. has a 1-year low of $7.91 and a 1-year high of $12.45. The stock has a 50-day moving average of $10.34 and a 200-day moving average of $10.46. The company has a market cap of $387.2 million and a P/E ratio of 114.81.
IXYS Corp. (NASDAQ:IXYS) last released its earnings data on Wednesday, October 23rd. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $85.90 million for the quarter, compared to the consensus estimate of $79.00 million. During the same quarter in the prior year, the company posted $0.07 earnings per share. The company’s quarterly revenue was up 25.4% on a year-over-year basis.
IXYS Corporation is an integrated semiconductor company. It specializes in the development, manufacture and marketing power semiconductors, advanced mixed-signal integrated circuits (NASDAQ:IXYS), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF), and power semiconductors.
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