Himax Technologies (HIMX) Stock Price

Financial Performance

Himax Technologies' recent financial performance has been mixed. While the company's revenue of $222.4M is down by -6.8% from the previous quarter, it still indicates a substantial amount of business activity. The gross profit of $66.6M, despite being down by -12.7%, suggests that the company is still able to maintain a reasonable margin on its products or services. However, there are concerns regarding the operating income profit which was down significantly by -80% from the previous quarter and also down by -41.2% year over year.

The EBITDA ratio at 0.06 could be seen as low, indicating potential issues with profitability or high expenses relative to earnings before interest, taxes, depreciation and amortization.

Stock Price

The stock price trend for Himax Technologies seems positive with an increase of 7.6% in the last month and up by 55.3% year over year which outperforms many stocks in this period.

The RSI value at around mid-range (49.65) doesn't indicate either oversold or overbought conditions and hence does not provide a clear buy or sell signal based on this metric alone.

Alternative Data Signals

Himax Technologies' web traffic shows strong growth with visitors per month up by an impressive 73.4%. This could suggest increasing interest in their products or services but needs to be analyzed alongside other factors like conversion rates etc.

The number of job openings remaining constant might suggest stable operational requirements but could also imply lack of expansion plans in immediate future.

Conclusion

In conclusion, while there have been some concerns regarding the recent financial performance, particularly in terms of operating income profit, the stock price trend and other alternative data signals like web traffic growth seem positive. Therefore, a neutral outlook is suggested for Himax Technologies' stock.

Note: This AI Stock Analysis is based on data as of January 28. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Himax Technologies (HIMX), currently trading at $10.63, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.