Is it Time to Dump Himax Technologies, Inc. (HIMX) Stock After it Is Down 5.12% in a Week? – InvestorsObserver
The market has been down on Himax Technologies, Inc. (HIMX) stock recently. HIMX gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What’s Happening With HIMX Stock Today?
Himax Technologies, Inc. (HIMX) stock is trading at $6.30 as of 2:20 PM on Wednesday, Dec 28, a loss of -$0.11, or -1.64% from the previous closing price of $6.40. The stock has traded between $6.25 and $6.41 so far today. Volume today is less active than usual. So far 468,721 shares have traded compared to average volume of 952,921 shares.
More About Himax Technologies, Inc.
Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm’s revenue gets derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China. Click Here to get the full Stock Report for Himax Technologies, Inc. stock.
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