Aixtron SE/ADR (OTCMKTS:AIIXY) Upgraded by Zacks Research to “Strong-Buy” Rating

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

Aixtron SE/ADR Stock Up 3.7%

Aixtron SE/ADR stock opened at $127.72 on Monday. Aixtron SE/ADR has a 1-year low of $28.52 and a 1-year high of $131.14. The company has a fifty day simple moving average of $98.49 and a 200 day simple moving average of $65.14.

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.