Aixtron SE/ADR (OTCMKTS:AIIXY) Lowered to Hold Rating by Zacks Research

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

Aixtron SE/ADR Price Performance

Shares of AIIXY opened at $120.00 on Tuesday. The business’s 50 day moving average price is $122.93 and its 200-day moving average price is $81.72. Aixtron SE/ADR has a 52 week low of $28.52 and a 52 week high of $143.05.

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.