BE Semiconductor Industries (OTCMKTS:BESIY) Sees Strong Trading Volume – What’s Next?

BE Semiconductor Industries NV (OTCMKTS:BESIY) shares saw an uptick in trading volume on Monday . 12,386 shares changed hands during mid-day trading, an increase of 63% from the previous session’s volume of 7,592 shares.The stock last traded at $255.56 and had previously closed at $258.33.

Wall Street Analyst Weigh In

BESIY has been the subject of several recent research reports. Morgan Stanley reiterated an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, May 15th. Finally, Zacks Research lowered BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

BE Semiconductor Industries Stock Up 8.0%

The company has a debt-to-equity ratio of 1.11, a quick ratio of 4.17 and a current ratio of 4.74. The stock has a fifty day moving average price of $316.75 and a two-hundred day moving average price of $256.39. The firm has a market capitalization of $19.87 billion, a P/E ratio of 123.97 and a beta of 1.97.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its earnings results on Thursday, April 23rd. The technology company reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. BE Semiconductor Industries had a net margin of 24.02% and a return on equity of 38.42%. The company had revenue of $216.51 million for the quarter, compared to analysts’ expectations of $220.77 million. Research analysts forecast that BE Semiconductor Industries NV will post 4.45 EPS for the current year.

About BE Semiconductor Industries

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.