What does Average Directional Index Predict about Himax Technologies, Inc. (NASDAQ:HIMX)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Himax Technologies, Inc. (NASDAQ:HIMX) for the period of 9-Day stands at 58.57% while the stochastic %D for the same period stands at 62.65%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Himax Technologies, Inc. (NASDAQ:HIMX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Himax Technologies, Inc. (NASDAQ:HIMX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indictor of a certain security, currently Himax Technologies, Inc. (NASDAQ:HIMX)’s 20-Day Bollinger Band indicates “Hold”.

Previous Day Activity Analysis

On the last trading day, Himax Technologies, Inc. (NASDAQ:HIMX) opened the session at $10.31 and after going up 10.99% closed at $11.31. The stock gained 1 points in the last trade.

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock fluctuated in the range of $10.28 and $11.39 during the previous active session. Himax Technologies, Inc. (NASDAQ:HIMX) traded with the volume of 13.75 Million with average volume of 4.41 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.75 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.59 and 70.44 respectively.

Currently the Insider Ownership of the shares of Himax Technologies, Inc. (NASDAQ:HIMX) is at 12.3% and the shares outstanding are 170.66 Million.

Important Ratio Analysis

Some important ratios to consider here for Himax Technologies, Inc. (NASDAQ:HIMX) are discussed below:

Dividend yield of Himax Technologies, Inc. (NASDAQ:HIMX) stands at 2.12% whereas Price to Earnings P/E ratio stands at 63.9 while Forward P/E shows the value of 31.42.

The PEG ratio (Price to Earning to Growth) emits the value of 2.56. The Price to Sale P/S and Price to Book P/B shows the value of 2.65 and 2.28 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.38 and 53.03 correspondingly.

The Quick Ratio of Himax Technologies, Inc. (NASDAQ:HIMX) stands at 1.6 while the Current Ratio depicts the value of 2.1.

Return on Assets ROA of Himax Technologies, Inc. (NASDAQ:HIMX) is at 2.4% whereas, Return on Equity ROE and Return of Investment ROI of Himax Technologies, Inc. (NASDAQ:HIMX) stand at 4.1% and 8% respectively.

The payout ratio of Himax Technologies, Inc. (NASDAQ:HIMX) stands at 0%.

Stock Performance Analysis

The stock performance of Himax Technologies, Inc. (NASDAQ:HIMX) on the basis of 5 day trade show the jump of 8.13% whereas, the monthly performance of the stock shows increase of 40.85%.

The quarterly performance of the stock remained in green zone with the value of 40.85% while six month performance of the shares of Himax Technologies, Inc. (NASDAQ:HIMX) remained bullish with the count of 44.26%.

The yearly and YTD performance of Himax Technologies, Inc. (NASDAQ:HIMX) remained up at 12.43% and 87.25% respectively.