BidaskClub downgraded shares of IXYS (NASDAQ:IXYS) from a strong-buy rating to a buy rating in a research note released on Saturday.
Shares of IXYS (NASDAQ:IXYS) traded down $0.10 during midday trading on Friday, reaching $24.20. 238,292 shares of the company traded hands, compared to its average volume of 186,159. IXYS has a fifty-two week low of $11.05 and a fifty-two week high of $24.96. The firm has a market capitalization of $793.01, a price-to-earnings ratio of 28.14 and a beta of 0.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.98 and a quick ratio of 5.55.
In related news, Director Samuel Kory sold 108,750 shares of the stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $24.35, for a total value of $2,648,062.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 23.60% of the company’s stock.
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IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development, manufacture and marketing of power semiconductors, mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors.
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