X-FAB Stock Bullish Momentum With A 21% Jump In The Last 10 Sessions

(VIANEWS) – Shares of X-FAB (CAC 40: XFAB.PA) rose by a staggering 21.29% in 10 sessions from €8.08 to €9.80 at 17:07 EST on Thursday, after five sequential sessions in a row of gains. CAC 40 is dropping 0.6% to €7,284.24, after three sequential sessions in a row of gains.

About X-FAB

X-FAB Silicon Foundries SE operates as an analog/mixed-signal semiconductor technology foundry. The company manufactures silicon wafers for automotive, industrial, consumer, medical, and mobile communications, and other applications; and analog/mixed-signal integrated circuits, sensors, and micro-electro-mechanical systems. It also provides manufacturing and design support services for customers that design analog/mixed-signal integrated circuits and other semiconductor devices, as well as engineering and prototyping, outsourcing, technical, and design support services. The company serves integrated device manufacturers, original equipment manufacturers, and fabless semiconductor companies. It operates in Belgium, Germany, the United Kingdom, Austria, France, Switzerland, Denmark, Sweden, Finland, Netherlands, Ireland, Singapore, China, Japan, Thailand, Malaysia, Korea, Taiwan, Hong Kong, New Zealand, the United States, and internationally. The company was founded in 1992 and is based in Tessenderlo, Belgium.

Earnings Per Share

As for profitability, X-FAB has a trailing twelve months EPS of €0.56.

PE Ratio

X-FAB has a trailing twelve months price to earnings ratio of 17.5. Meaning, the purchaser of the share is investing €17.5 for every euro of annual earnings.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, X-FAB’s stock is considered to be oversold (<=20).

More news about X-FAB (XFAB.PA).

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