MagnaChip Semiconductor Corporation (NYSE:MX): A worthy Investment or not?


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 MagnaChip Semiconductor Corporation (NYSE:MX) for the period of 9-Day stands at 93.59% while the stochastic %D for the same period stands at 88.72%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of MagnaChip Semiconductor Corporation (NYSE:MX) 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 “Sell” for MagnaChip Semiconductor Corporation (NYSE:MX) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently MagnaChip Semiconductor Corporation (NYSE:MX)’s 20-Day Bollinger Band indicates “Buy”.

About Company

MagnaChip Semiconductor Corporation operates as a designer and manufacturer of analog and mixed-signal semiconductor products for high-volume consumer applications. The Company operates through three key segments: Display Solutions, Power Solutions and Semiconductor Manufacturing Services. Products offered by MagnaChip through its Display Solutions segment includes source and gate drivers and timing controllers that cover a wide range of flat panel displays used in LCD, light emitting diode, or LED, and 3D televisions and displays, mobile PCs and mobile communications and entertainment devices. The Power Solutions products include discrete and integrated circuit solutions for power management in high-volume consumer applications. Semiconductor Manufacturing Services segment provides specialty analog and mixed-signal foundry services for fabless semiconductor companies. MagnaChip Semiconductor Corporation is headquartered in Chungbuk, South Korea.

Previous Day Activity Analysis

On the last trading day, MagnaChip Semiconductor Corporation (NYSE:MX) opened the session at $12.05 and after going up 7% closed at $13. The stock gained 0.95 points in the last trade.

MagnaChip Semiconductor Corporation (NYSE:MX)’s stock fluctuated in the range of $11.96 and $13.10 during the previous active session. MagnaChip Semiconductor Corporation (NYSE:MX) traded with the volume of 900241 with average volume of 394.16 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at -0.43 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.53 and 73.86 respectively.

Currently the Insider Ownership of the shares of MagnaChip Semiconductor Corporation (NYSE:MX) is at 0.6% and the shares outstanding are 34 Million.

Important Ratio Analysis

Some important ratios to consider here for MagnaChip Semiconductor Corporation (NYSE:MX) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 14.69.

The Price to Sale P/S and Price to Book P/B shows the value of 0.64 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 3.44 and 0 correspondingly.

The Quick Ratio of MagnaChip Semiconductor Corporation (NYSE:MX) stands at 2 while the Current Ratio depicts the value of 2.4.

Return on Assets ROA of MagnaChip Semiconductor Corporation (NYSE:MX) is at -1.7% whereas, Return on Equity ROE and Return of Investment ROI of MagnaChip Semiconductor Corporation (NYSE:MX) stand at 12.4% and -0.7% respectively.

Stock Performance Analysis

The stock performance of MagnaChip Semiconductor Corporation (NYSE:MX) on the basis of 5 day trade show the jump of 17.12% whereas, the monthly performance of the stock shows increase of 18.18%.

The quarterly performance of the stock remained in green zone with the value of 19.27% while six month performance of the shares of MagnaChip Semiconductor Corporation (NYSE:MX) remained bullish with the count of 41.3%.

The yearly and YTD performance of MagnaChip Semiconductor Corporation (NYSE:MX) remained up at 134.23% and 109.68% respectively.