Magnetar Financial LLC Acquires New Shares in SCHMID Group N.V. $SHMD

Magnetar Financial LLC bought a new stake in shares of SCHMID Group N.V. (NASDAQ:SHMD) during the 2nd quarter, HoldingsChannel reports. The firm bought 48,049 shares of the company’s stock, valued at approximately $135,000.

Separately, XTX Topco Ltd purchased a new position in shares of SCHMID Group in the first quarter worth $42,000. 46.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SHMD shares. Wall Street Zen upgraded SCHMID Group to a “hold” rating in a report on Saturday, November 22nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SCHMID Group in a report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

SCHMID Group Stock Up 11.6%

Shares of SHMD opened at $4.61 on Thursday. SCHMID Group N.V. has a one year low of $1.86 and a one year high of $6.70. The business has a fifty day moving average of $3.82 and a 200 day moving average of $3.10.

SCHMID Group Company Profile

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.