A.H. Belo (AHC) Is At $5.15 Formed Wedge; Magnachip Semiconductor Depositary Sha (MX) Shorts Lowered By 18.75%

March 17, 2018 - By Jerrie Dane

A.H. Belo Corporation (AHC) formed wedge up with $5.30 target or 3.00% above today’s $5.15 share price. A.H. Belo Corporation (AHC) has $112.03 million valuation. The stock increased 0.98% or $0.05 during the last trading session, reaching $5.15. About 15,337 shares traded. A.H. Belo Corporation (NYSE:AHC) has risen 13.87% since March 17, 2017 and is uptrending. It has underperformed by 2.83% the S&P500.

Magnachip Semiconductor Corporation Depositary Sha (NYSE:MX) had a decrease of 18.75% in short interest. MX’s SI was 1.78 million shares in March as released by FINRA. Its down 18.75% from 2.19M shares previously. With 400,000 avg volume, 4 days are for Magnachip Semiconductor Corporation Depositary Sha (NYSE:MX)’s short sellers to cover MX’s short positions. The SI to Magnachip Semiconductor Corporation Depositary Sha’s float is 6.82%. The stock decreased 0.48% or $0.05 during the last trading session, reaching $10.4. About 266,217 shares traded. MagnaChip Semiconductor Corporation (NYSE:MX) has risen 76.77% since March 17, 2017 and is uptrending. It has outperformed by 60.07% the S&P500.

Among 5 analysts covering MagnaChip Semi (NYSE:MX), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. MagnaChip Semi had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Wednesday, June 14 by Roth Capital. The firm has “Buy” rating by Topeka Capital Markets given on Friday, August 7. The firm has “Buy” rating by Roth Capital given on Wednesday, August 30. The company was maintained on Monday, August 7 by Citigroup. The stock of MagnaChip Semiconductor Corporation (NYSE:MX) has “Neutral” rating given on Wednesday, May 10 by Citigroup. The firm has “Buy” rating by Topeka Capital Markets given on Friday, October 30. On Thursday, September 29 the stock rating was initiated by Roth Capital with “Buy”. Roth Capital maintained MagnaChip Semiconductor Corporation (NYSE:MX) on Sunday, July 30 with “Buy” rating. The firm has “Buy” rating by Needham given on Thursday, July 13. The stock of MagnaChip Semiconductor Corporation (NYSE:MX) earned “Buy” rating by Topeka Capital Markets on Thursday, February 18.

MagnaChip Semiconductor Corporation designs, makes, and sells analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things applications worldwide. The company has market cap of $355.71 million. The firm operates through two divisions, Foundry Services Group, and Standard Products Group. It has a 5.16 P/E ratio. It provides display solutions, including source and gate drivers and timing controllers that cover a wide range of flat panel displays used in ultra-high definition , high definition (HD), light emitting diode (LED), 3D and OLED televisions and displays, notebooks, and mobile communications and entertainment devices.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.14, from 1.17 in 2017Q2. It worsened, as 9 investors sold MagnaChip Semiconductor Corporation shares while 20 reduced holdings. 19 funds opened positions while 15 raised stakes. 23.94 million shares or 10.33% less from 26.70 million shares in 2017Q2 were reported. Silverback Asset Mngmt Ltd Liability Corp has invested 1.02% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). State Street has 0% invested in MagnaChip Semiconductor Corporation (NYSE:MX) for 40,528 shares. Goldman Sachs Grp invested in 0% or 12,540 shares. Cohen Cap Management Incorporated has invested 0.43% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). Brigade Cap L P holds 2.88% or 3.13M shares in its portfolio. Shell Asset Management Comm owns 107,775 shares. Menta Capital Limited reported 0.06% of its portfolio in MagnaChip Semiconductor Corporation (NYSE:MX). Proxima Capital Ltd Liability Corporation reported 455,000 shares. Bluecrest Capital Mngmt Limited holds 0.01% or 17,714 shares. Driehaus Capital Mngmt Llc has 580,780 shares for 0.26% of their portfolio. Capital World Invsts owns 2.36 million shares for 0.01% of their portfolio. Arrowstreet Ltd Partnership owns 223,186 shares or 0.01% of their US portfolio. Granite Point Cap Mgmt Limited Partnership invested 0.15% in MagnaChip Semiconductor Corporation (NYSE:MX). 1.48M were reported by Engaged Llc. The New York-based Morgan Stanley has invested 0% in MagnaChip Semiconductor Corporation (NYSE:MX).

Since January 24, 2018, it had 7 insider purchases, and 3 selling transactions for $3.61 million activity. $1.93 million worth of MagnaChip Semiconductor Corporation (NYSE:MX) was sold by Brigade Leveraged Capital Structures Fund Ltd. on Wednesday, January 24. KEATING MELVIN L bought $32,432 worth of stock. On Wednesday, January 24 Brigade Leveraged Capital Structures Offshore Ltd sold $1.93M worth of MagnaChip Semiconductor Corporation (NYSE:MX) or 149,000 shares. Shares for $45,438 were bought by Kim Theodore S. 1,000 MagnaChip Semiconductor Corporation (NYSE:MX) shares with value of $9,100 were bought by Lee Woung Moo. NADER TAVAKOLI bought $188,600 worth of stock. 8,000 shares were bought by Kim Jonathan W, worth $72,598.

Among 2 analysts covering A.H. Belo (NYSE:AHC), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. A.H. Belo had 3 analyst reports since July 29, 2015 according to SRatingsIntel. Zacks downgraded A.H. Belo Corporation (NYSE:AHC) on Wednesday, September 2 to “Sell” rating. The company was upgraded on Friday, August 14 by Zacks. On Wednesday, July 29 the stock rating was upgraded by Gabelli to “Buy”.