Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered shares of Amtech Systems from a "buy" rating to a "sell" rating in a research note on Thursday, May 22nd.
Get Our Latest Research Report on ASYS
Amtech Systems Trading Down 0.4%
The firm has a market cap of $64.54 million, a P/E ratio of -2.03 and a beta of 1.58. The business's fifty day moving average price is $4.17 and its two-hundred day moving average price is $4.55.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in shares of Amtech Systems by 135.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,066 shares of the semiconductor company's stock worth $145,000 after purchasing an additional 17,297 shares during the period. Acadian Asset Management LLC boosted its position in shares of Amtech Systems by 90.8% during the 1st quarter. Acadian Asset Management LLC now owns 42,584 shares of the semiconductor company's stock valued at $204,000 after acquiring an additional 20,264 shares in the last quarter. Kovack Advisors Inc. boosted its position 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 valued at $364,000 after acquiring an additional 9,900 shares in the last quarter. AMH Equity Ltd boosted its position 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 valued at $471,000 after acquiring an additional 56,408 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new stake in shares of Amtech Systems during the 1st quarter valued at about $159,000. Institutional investors own 50.21% of the company's stock.
About Amtech Systems
(
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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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