Aixtron (ETR:AIXA) Stock Price Down 4.5% – Here’s Why

Aixtron Se (ETR:AIXA)’s stock price was down 4.5% during trading on Tuesday . The stock traded as low as €12.69 ($13.21) and last traded at €13.14 ($13.68). Approximately 1,841,821 shares changed hands during trading, a decline of 15% from the average daily volume of 2,170,000 shares. The stock had previously closed at €13.75 ($14.32).

Aixtron Stock Down 4.5 %

The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 2.38 and a beta of 0.84. The firm has a 50-day moving average of €14.42 and a 200 day moving average of €16.08. The company has a current ratio of 2.76, a quick ratio of 2.05 and a debt-to-equity ratio of 0.48.

About Aixtron

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.