Magnachip Semiconductor (MX) Expected to Announce Quarterly Earnings on Wednesday

Magnachip Semiconductor (NYSE:MX) is expected to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect Magnachip Semiconductor to post earnings of ($0.22) per share and revenue of $61.57 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Magnachip Semiconductor Stock Performance

NYSE:MX opened at $4.96 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.09 and a current ratio of 4.81. The stock has a market capitalization of $184.34 million, a P/E ratio of -4.27 and a beta of 0.66. The company has a 50 day moving average price of $4.20 and a 200 day moving average price of $4.39. Magnachip Semiconductor has a fifty-two week low of $3.56 and a fifty-two week high of $6.86.

Analyst Ratings Changes

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

Magnachip Semiconductor Company Profile

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.