MagnaChip Semiconductor Corpora (NYSE:MX).
On May 29, 2015 Topeka Capital made no change to the price target of $9.00 but upgraded the stock from Hold to Buy. On May 29 the company was upgraded to “Buy” from “Hold” and a price target of $9.00 was set in a statement from Topeka Capital.
On April 22 Citigroup held the stock rating at “Neutral” but lowered the price expectation from $20.00 to $15.00. On April 1 the stock rating was downgraded from “Buy” to “Neutral” with a current price target of $23.00 in a report issued by Chardan Capital.
On March 31 the company was downgraded from “Neutral” to “Sell” in a report from UBS.
The company is up by 1.65 percent from yesterday’s close. Shares are trading at $7.99 which is just under the 50 day moving average which is $8.22 and which is just over the 200 day moving average of $6.17. The 50 day moving average moved down $-0.23 and the 200 day average went up $1.82 or +29.46%.
As of the last earnings report the EPS was $-1.26 and is estimated to be $-0.78 for the current year with 34,731,000 shares now outstanding. Next quarter’s EPS is expected be $-0.01 with next year’s EPS anticipated to be $1.25.