Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.51 and traded as high as $6.44. Amtech Systems shares last traded at $6.39, with a volume of 176,509 shares traded.
Analysts Set New Price Targets
ASYS has been the subject of several recent analyst reports. Wall Street Zen cut shares of Amtech Systems from a "buy" rating to a "sell" rating in a report on Thursday, May 22nd. Zacks Research upgraded shares of Amtech Systems from a "hold" rating to a "strong-buy" rating in a report on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Strong Buy".
Read Our Latest Analysis on Amtech Systems
Amtech Systems Price Performance
The stock has a market capitalization of $90.58 million, a P/E ratio of -2.83 and a beta of 1.61. The stock's fifty day moving average is $4.90 and its two-hundred day moving average is $4.51.
Institutional Trading of Amtech Systems
A number of large investors have recently added to or reduced their stakes in ASYS. Williams & Novak LLC lifted its position in shares of Amtech Systems by 24.8% in the 2nd quarter. Williams & Novak LLC now owns 18,385 shares of the semiconductor company's stock valued at $82,000 after acquiring an additional 3,650 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Amtech Systems by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 931,198 shares of the semiconductor company's stock valued at $5,075,000 after acquiring an additional 7,068 shares in the last quarter. Kovack Advisors Inc. lifted its position in shares of Amtech Systems by 15.1% in 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. Millennium Management LLC lifted its position in shares of Amtech Systems by 82.7% in 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. Finally, Northern Trust Corp lifted its position in shares of Amtech Systems by 31.7% in the 4th quarter. Northern Trust Corp now owns 44,816 shares of the semiconductor company's stock valued at $244,000 after acquiring an additional 10,791 shares in the last quarter. 50.21% of the stock is currently owned by institutional investors.
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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