Aixtron (ETR:AIXA) Shares Down 2.4% – Here’s Why

Shares of Aixtron Se (ETR:AIXA – Get Free Report) were down 2.4% on Tuesday. The stock traded as low as €35.40 and last traded at €35.55. Approximately 399,549 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 2,170,000 shares. The stock had previously closed at €36.41.

Aixtron Stock Down 2.4%

The stock’s 50-day moving average is €37.39 and its 200-day moving average is €43.37. The stock has a market cap of $4.05 billion, a P/E ratio of 35.98, a price-to-earnings-growth ratio of 2.38 and a beta of 0.81. The company has a current ratio of 4.43, a quick ratio of 2.05 and a debt-to-equity ratio of 35.18.

About Aixtron

(Get Free Report)

AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor industry in Asia, Europe, and the Americas. It develops, produces, and installs equipment for the deposition of semiconductor materials; and offers deposition processes, consulting, training, customer support, and other related services, as well as peripheral devices and services for the operation of its systems. The company's product portfolio includes MOCVD, CVD and PECVD, and OVPD and PVPD systems.

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