MELEXIS Stock 19.69% Up On Wednesday

(VIANEWS) – The Market ended the session with MELEXIS (MELE.BR) jumping 19.69% to €84.50 on Wednesday while BEL 20 slid 0.18% to €3,883.83.

MELEXIS’s last close was €70.60, 31.46% below its 52-week high of €103.00.

About MELEXIS

Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers. The company was founded in 1988 and is headquartered in Ieper, Belgium. Melexis NV is a subsidiary of Xtrion N.V.

Earnings Per Share

As for profitability, MELEXIS has a trailing twelve months EPS of €5.18.

PE Ratio

MELEXIS has a trailing twelve months price to earnings ratio of 16.31. Meaning, the purchaser of the share is investing €16.31 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 40.55%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 7.1% and a negative 9.4%, respectively.

Volume

Today’s last reported volume for MELEXIS is 162486 which is 296.16% above its average volume of 41015.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, MELEXIS’s stock is considered to be overbought (>=80).

Yearly Top and Bottom Value

MELEXIS’s stock is valued at €84.50 at 22:34 EST, way under its 52-week high of €103.00 and way higher than its 52-week low of €67.50.

More news about MELEXIS (MELE.BR).

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