Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.59 and traded as high as $4.80. Amtech Systems shares last traded at $4.75, with a volume of 97,963 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen lowered Amtech Systems from a "buy" rating to a "sell" rating in a research note on Thursday, May 22nd.
Read Our Latest Stock Report on ASYS
Amtech Systems Price Performance
The stock has a market cap of $68.85 million, a PE ratio of -2.17 and a beta of 1.58. The business has a 50 day moving average price of $4.08 and a two-hundred day moving average price of $4.58.
Institutional Trading of Amtech Systems
Institutional investors have recently made changes to their positions in the stock. Sowell Financial Services LLC bought a new position in shares of Amtech Systems during the first quarter valued at approximately $159,000. Northern Trust Corp raised its stake in Amtech Systems by 31.7% in the fourth quarter. Northern Trust Corp now owns 44,816 shares of the semiconductor company's stock worth $244,000 after buying an additional 10,791 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in Amtech Systems in the fourth quarter worth about $64,000. Squarepoint Ops LLC bought a new stake in Amtech Systems during the 4th quarter valued at approximately $71,000. Finally, Millennium Management LLC boosted its position in Amtech Systems by 82.7% during the 4th quarter. Millennium Management LLC now owns 22,706 shares of the semiconductor company's stock valued at $124,000 after acquiring an additional 10,281 shares in the last quarter. Hedge funds and other institutional investors own 50.21% of the company's stock.
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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