Magnachip Semiconductor Corporation (MX) is priced at $19.02 after the most recent trading session. At the very opening of the session, the stock price was $18.15 and reached a high price of $19.33, prior to closing the session it reached the value of $17.88. The stock touched a low price of $17.89.Recently in News on January 7, 2022, Magnachip Semiconductor to Participate in 24th Annual Needham Virtual Growth Conference. Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced that YJ Kim, Magnachip’s chief executive officer, and Shinyoung Park, chief financial officer, will host one-on-one meetings at the 24th Annual Needham Virtual Growth Conference on Thursday, January 13 and Friday, January 14, 2022. Management is also scheduled to participate in a fireside chat on Friday, January 14 at 4:15 pm ET in Track 3. You can read further details here
Magnachip Semiconductor Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $20.97 on 01/03/22, with the lowest value was $17.55 for the same time period, recorded on 01/10/22.
Magnachip Semiconductor Corporation (MX) full year performance was 5.78%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Magnachip Semiconductor Corporation shares are logging -29.50% during the 52-week period from high price, and 13.42% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $16.77 and $26.98.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1808812 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Magnachip Semiconductor Corporation (MX) recorded performance in the market was -9.30%, having the revenues showcasing 8.13% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 959.56M, as it employees total of 880 workers.
Analysts verdict on Magnachip Semiconductor Corporation (MX)
During the last month, 2 analysts gave the Magnachip Semiconductor Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 18.41, with a change in the price was noted +0.48. In a similar fashion, Magnachip Semiconductor Corporation posted a movement of +2.59% for the period of last 100 days, recording 541,460 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MX is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Magnachip Semiconductor Corporation (MX): Technical Analysis
Raw Stochastic average of Magnachip Semiconductor Corporation in the period of last 50 days is set at 40.83%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 31.08%. In the last 20 days, the company’s Stochastic %K was 22.93% and its Stochastic %D was recorded 26.21%.
Let’s take a glance in the erstwhile performances of Magnachip Semiconductor Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -9.30%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -16.32%, alongside a boost of 5.78% for the period of the last 12 months. The shares increased approximately by -3.79% in the 7-day charts and went down by 11.16% in the period of the last 30 days. Common stock shares were driven by 8.13% during last recorded quarter.