Amtech Systems (NASDAQ:ASYS - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "sell" rating in a report released on Thursday.
Amtech Systems Trading Up 2.8%
Shares of ASYS traded up $0.10 during mid-day trading on Thursday, reaching $3.75. The company's stock had a trading volume of 13,006 shares, compared to its average volume of 62,090. Amtech Systems has a 52 week low of $3.20 and a 52 week high of $6.96. The stock has a market cap of $53.73 million, a PE ratio of 46.93 and a beta of 1.53. The company's fifty day moving average price is $4.03 and its two-hundred day moving average price is $4.93.
Institutional Trading of Amtech Systems
Several institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC purchased a new position in shares of Amtech Systems in the fourth quarter worth about $64,000. Squarepoint Ops LLC purchased a new position in Amtech Systems in the 4th quarter worth approximately $71,000. Millennium Management LLC lifted its position in Amtech Systems by 82.7% in the fourth quarter. Millennium Management LLC now owns 22,706 shares of the semiconductor company's stock valued at $124,000 after purchasing an additional 10,281 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Amtech Systems by 135.5% in the first quarter. Goldman Sachs Group Inc. now owns 30,066 shares of the semiconductor company's stock valued at $145,000 after purchasing an additional 17,297 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new stake in shares of Amtech Systems during the first quarter valued at approximately $159,000. 50.21% of the stock is currently owned by hedge funds and other institutional investors.
Amtech Systems Company Profile
(
Get Free Report)
Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments.
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