A Technical Look At 2 Stocks: Himax Technologies, Inc. (HIMX), Maiden Holdings, Ltd. (MHLD)

Himax Technologies, Inc. (NASDAQ:HIMX) recorded a trading volume of 3.55 million shares, below its 90-day volume average of 6.09 million shares. The stock kicked off the session at $10.75 and later approached $10.71 with a change of -0.28%.

Himax Technologies, Inc. (HIMX) Analyst Opinion

Himax Technologies, Inc. has a consensus outperform rating from 11 Wall Street analysts, and the number of shares currently sold short amount to at least 18.76% of shares outstanding. The stock sank -1.38% last month and is up 2.78 this year. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover HIMX having a buy-equivalent rating. Analysts have placed a $11.76 price target on Himax Technologies, Inc., suggesting a 9.8% gain from recent close. It’s currently trading about -23.23% below its 52-week high.

Himax Technologies, Inc. Earnings Surprise

Himax Technologies, Inc. (HIMX) failed to surprise the stock market in its last reported earnings when it earned -$0.01 a piece versus the consensus-estimated $0.04. Its revenue totaled $192.42 million up 26.82% from the previous quarter.

Himax Technologies, Inc. (NASDAQ:HIMX) Intraday View

This stock (HIMX) is ahead of its 52-week low with 119.47%. Its last month’s stock price volatility remained 4.07% which for the week stands at 4.62%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.81% and stays -3.83% away from its 50 days moving average. Over the last five days, shares have faced -0.74% losses and now is up 15.89% since hitting its 200-day moving average of $9.94. Himax Technologies, Inc. (HIMX) has made its way to a 12-month gain of 78.5%.

Turning to Maiden Holdings, Ltd. (NASDAQ:MHLD), its shares were trading at $7.55 a retreat of $-0.05, on the trading floor. The stock, after opening at $7.55, touched a high of $7.75 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. Maiden Holdings, Ltd. has 1 buy ratings, 2 holds and 0 sells even after the stock tumbled -60.16% from its high of $18.95 to a $638.88 million market value through last close.

Maiden Holdings, Ltd. (MHLD) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.25 to 2.25 during a month. Analysts set a 12-month price target of $8.75 a share. The target implies a 15.89% spike from where the shares are currently trading. Also, the current price highlights a discount of 45.7% to analysts’ high consensus price target.

Maiden Holdings, Ltd. (NASDAQ:MHLD) Intraday Trading

The counter witnessed a trading volume of 1.06 million shares versus an average volume of 0.75 million shares during last trading session. Its last month’s stock price volatility remained 6.09% which for the week approaches 4.81%. The lowest price the stock reached in the last trading day was $7.5 and compares with the $5.55 52-week low. The stock recovered 36.04% since its low point and has performed 14.39% year-to-date.

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