Zacks Research Upgrades Aixtron SE/ADR (OTCMKTS:AIIXY) to “Strong-Buy”

Aixtron SE/ADR (OTCMKTS:AIIXY) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Aixtron SE/ADR Trading Up 3.7%

AIIXY opened at $127.72 on Monday. Aixtron SE/ADR has a twelve month low of $28.52 and a twelve month high of $131.14. The company’s 50-day moving average price is $98.49 and its two-hundred day moving average price is $65.14.

Aixtron SE/ADR (OTCMKTS:AIIXY) is a Germany?based technology company specializing in the development and manufacture of deposition equipment for the semiconductor industry. The company’s core expertise lies in metalorganic chemical vapor deposition (MOCVD) systems, which are used to produce compound semiconductor materials such as gallium nitride (GaN), gallium arsenide (GaAs) and indium phosphide (InP). These materials are critical to the fabrication of light?emitting diodes (LEDs), laser diodes, power electronics and high?frequency devices.

In addition to its flagship MOCVD platforms, Aixtron offers a range of complementary thin?film deposition tools, including atomic layer deposition (ALD) and plasma?enhanced chemical vapor deposition (PECVD) systems.