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

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

Aixtron SE/ADR Stock Down 0.8%

Shares of OTCMKTS:AIIXY opened at $120.00 on Tuesday. The firm’s 50 day moving average price is $122.93 and its 200 day moving average price is $81.72. Aixtron SE/ADR has a fifty-two week low of $28.52 and a fifty-two 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.