Aixtron SE/ADR (OTCMKTS:AIIXY) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Aixtron SE/ADR (OTCMKTS:AIIXY) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

Aixtron SE/ADR Stock Up 3.7%

Shares of OTCMKTS AIIXY opened at $127.72 on Monday. The business has a fifty day moving average price of $98.49 and a two-hundred day moving average price of $65.14. Aixtron SE/ADR has a fifty-two week low of $28.52 and a fifty-two week high of $131.14.

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.