Magnachip Semiconductor (MX) to Release Quarterly Earnings on Wednesday

Magnachip Semiconductor (NYSE:MX - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, March 12th. Analysts expect Magnachip Semiconductor to post earnings of ($0.22) per share and revenue of $61.57 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Magnachip Semiconductor Stock Down 0.6 %

NYSE MX traded down $0.03 during trading on Friday, reaching $4.14. The company's stock had a trading volume of 157,531 shares, compared to its average volume of 203,128. The company has a current ratio of 4.81, a quick ratio of 4.09 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $153.83 million, a PE ratio of -3.56 and a beta of 0.59. The business has a 50-day moving average price of $4.32 and a 200-day moving average price of $4.37. Magnachip Semiconductor has a 1-year low of $3.56 and a 1-year high of $6.00.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Magnachip Semiconductor from a "hold" rating to a "sell" rating in a research note on Friday, January 17th.

About Magnachip Semiconductor

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs applied with liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel.