Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report) 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 trading hands.
Analysts Set New Price Targets
Separately, Wall Street Zen cut Amtech Systems from a "buy" rating to a "sell" rating in a research report on Thursday, May 22nd.
Check Out Our Latest Analysis on ASYS
Amtech Systems Stock Up 0.4%
The company has a market cap of $72.55 million, a P/E ratio of -2.26 and a beta of 1.59. The stock has a 50 day moving average price of $4.54 and a two-hundred day moving average price of $4.46.
Institutional Investors Weigh In On Amtech Systems
Hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC acquired a new position in Amtech Systems during the 4th quarter worth about $64,000. Squarepoint Ops LLC acquired a new position in Amtech Systems during the 4th quarter worth about $71,000. Williams & Novak LLC lifted its holdings in 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 buying an additional 3,650 shares during the period. XTX Topco Ltd acquired a new position in Amtech Systems during the 2nd quarter worth about $105,000. Finally, Millennium Management LLC lifted its holdings in Amtech Systems by 82.7% during the 4th quarter. Millennium Management LLC now owns 22,706 shares of the semiconductor company's stock worth $124,000 after buying an additional 10,281 shares during the period. 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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