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

Zacks Research cut shares of Aixtron SE/ADR (OTCMKTS:AIIXY) from a strong-buy rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Aixtron SE/ADR Stock Down 0.8%

Shares of OTCMKTS:AIIXY opened at $120.00 on Tuesday. Aixtron SE/ADR has a one year low of $28.52 and a one year high of $143.05. The company has a 50-day simple moving average of $122.93 and a 200-day simple moving average of $81.72.

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.