Roth Capital upgraded shares of Himax Technologies, Inc. (NDAQ:HIMX) from a neutral rating to a buy rating in a research report sent to investors on Friday.

A number of other research analysts have also commented on the company. Morgan Stanley raised Himax Technologies from an underweight rating to an equal weight rating in a report on Friday, March 10th. Nomura raised Himax Technologies from a neutral rating to a buy rating in a report on Friday, February 17th. Finally, Northland Securities raised Himax Technologies from a market perform rating to an outperform rating in a report on Thursday, February 16th.

Shares of Himax Technologies (NDAQ:HIMX) traded up 7.35% on Friday, reaching $8.76. The company had a trading volume of 11,397,998 shares. The firm has a market capitalization of $1.51 billion and a price-to-earnings ratio of 29.69. The company’s 50-day moving average price is $6.57 and its 200-day moving average price is $7.51. Himax Technologies has a 52-week low of $4.88 and a 52-week high of $12.00.

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Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products.

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