Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.45 and traded as high as $5.13. Amtech Systems shares last traded at $4.75, with a volume of 44,293 shares.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded Amtech Systems from a "buy" rating to a "sell" rating in a report on Thursday, May 22nd.
Check Out Our Latest Research Report on ASYS
Amtech Systems Stock Performance
The company has a 50-day moving average of $4.46 and a 200 day moving average of $4.45. The firm has a market cap of $67.97 million, a P/E ratio of -2.12 and a beta of 1.59.
Institutional Investors Weigh In On Amtech Systems
Several institutional investors and hedge funds have recently made changes to their positions in the company. Williams & Novak LLC increased its position in shares of Amtech Systems by 24.8% during the 2nd quarter. Williams & Novak LLC now owns 18,385 shares of the semiconductor company's stock worth $82,000 after purchasing an additional 3,650 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Amtech Systems by 135.5% during the first quarter. Goldman Sachs Group Inc. now owns 30,066 shares of the semiconductor company's stock worth $145,000 after buying an additional 17,297 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Amtech Systems by 90.8% in the first 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 during the last quarter. Kovack Advisors Inc. raised 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 acquiring an additional 9,900 shares during the last quarter. Finally, AMH Equity Ltd boosted its holdings in shares of Amtech Systems by 137.0% in 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 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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