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Himax Technologies (HIMX) Jumps: Stock Adds 9.1% in Session
Himax Technologies, Inc. (HIMX - Free Report) was a big mover last session, as the company saw its shares rise over 9% on the day. The upside was driven by the company’s announcement of better-than-expected earnings for the second quarter 2016. This led to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $8.11 to $9.42 in the past one-month time frame, showed a pick-up yesterday at $8.87.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Himax Technologies currently carries a Zacks Rank #3 (Hold).
HIMAX TECH-ADR Price
HIMAX TECH-ADR Price | HIMAX TECH-ADR Quote
A better-ranked stock in the same industry is Amkor Technology, Inc. (AMKR - Free Report) , sporting a Zacks Rank #1 (Strong Buy).
Is HIMX going up? Or down? Predict to see what others think: Up or Down
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