Amtech Systems (NASDAQ:ASYS - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "sell" rating in a report issued on Thursday.
Amtech Systems Stock Performance
NASDAQ ASYS traded up $0.12 during trading hours on Thursday, hitting $4.18. 50,710 shares of the company traded hands, compared to its average volume of 51,075. The business's 50-day moving average is $3.98 and its 200-day moving average is $4.89. The stock has a market capitalization of $59.83 million, a price-to-earnings ratio of 52.26 and a beta of 1.53. Amtech Systems has a twelve month low of $3.20 and a twelve month high of $6.96.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its holdings in Amtech Systems by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 931,198 shares of the semiconductor company's stock worth $5,075,000 after purchasing an additional 7,068 shares during the period. First Eagle Investment Management LLC lifted its position in shares of Amtech Systems by 6.6% in the fourth quarter. First Eagle Investment Management LLC now owns 834,922 shares of the semiconductor company's stock valued at $4,550,000 after buying an additional 51,555 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Amtech Systems by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 132,756 shares of the semiconductor company's stock worth $724,000 after acquiring an additional 4,689 shares during the period. AMH Equity Ltd boosted its stake in shares of Amtech Systems by 137.0% during the 1st quarter. AMH Equity Ltd now owns 97,583 shares of the semiconductor company's stock worth $471,000 after acquiring an additional 56,408 shares during the period. Finally, Kovack Advisors Inc. increased its holdings in shares of Amtech Systems by 15.1% during the 1st quarter. Kovack Advisors Inc. now owns 75,400 shares of the semiconductor company's stock worth $364,000 after acquiring an additional 9,900 shares during the last quarter. 50.21% of the stock is currently owned by institutional investors and hedge funds.
About Amtech Systems
(
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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