Amtech Systems, Inc. (NASDAQ:ASYS – Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 68,900 shares, an increase of 5.4% from the March 15th total of 65,400 shares. Based on an average daily trading volume, of 75,200 shares, the short-interest ratio is currently 0.9 days. Approximately 0.6% of the company’s shares are sold short.
Amtech Systems Stock Down 1.9 %
ASYS opened at $4.75 on Thursday. The company has a market cap of $67.40 million, a P/E ratio of -3.52 and a beta of 1.46. The business’s 50-day moving average price is $4.85 and its 200-day moving average price is $5.58. The company has a current ratio of 2.99, a quick ratio of 1.69 and a debt-to-equity ratio of 0.12. Amtech Systems has a 12 month low of $3.37 and a 12 month high of $11.98.
Amtech Systems (NASDAQ:ASYS – Get Free Report) last announced its quarterly earnings results on Friday, February 9th. The semiconductor company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.08. Amtech Systems had a negative return on equity of 1.15% and a negative net margin of 16.45%. The company had revenue of $24.92 million for the quarter, compared to the consensus estimate of $22.00 million. On average, equities analysts expect that Amtech Systems will post -0.25 EPS for the current year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
Separately, StockNews.com upgraded Amtech Systems from a “sell” rating to a “hold” rating in a report on Monday, February 12th.
Get Our Latest Analysis on ASYS
About Amtech Systems
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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