Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.56 and traded as high as $4.73. Amtech Systems shares last traded at $4.52, with a volume of 11,802 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut Amtech Systems from a "buy" rating to a "sell" rating in a report on Thursday, May 22nd.
View Our Latest Research Report on Amtech Systems
Amtech Systems Price Performance
The firm has a 50 day simple moving average of $4.19 and a 200-day simple moving average of $4.55. The company has a market cap of $64.56 million, a price-to-earnings ratio of -2.03 and a beta of 1.58.
Institutional Investors Weigh In On Amtech Systems
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its stake 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 acquiring an additional 7,068 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Amtech Systems by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 132,756 shares of the semiconductor company's stock valued at $724,000 after buying an additional 4,689 shares in the last quarter. AMH Equity Ltd grew its stake in shares of Amtech Systems by 137.0% in the first quarter. AMH Equity Ltd now owns 97,583 shares of the semiconductor company's stock valued at $471,000 after buying an additional 56,408 shares in the last quarter. Kovack Advisors Inc. grew its stake in shares of Amtech Systems by 15.1% in the first quarter. Kovack Advisors Inc. now owns 75,400 shares of the semiconductor company's stock valued at $364,000 after buying an additional 9,900 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Amtech Systems by 31.7% in the fourth quarter. Northern Trust Corp now owns 44,816 shares of the semiconductor company's stock valued at $244,000 after buying an additional 10,791 shares in the last quarter. Institutional investors and hedge funds own 50.21% of the company's stock.
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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