BE Semiconductor Industries (OTCMKTS:BESIY) Share Price Passes Below 200 Day Moving Average of $67.53

Shares of BE Semiconductor Industries (OTCMKTS:BESIY – Get Rating) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $67.53 and traded as low as $54.00. BE Semiconductor Industries shares last traded at $54.00, with a volume of 1,137 shares trading hands.

Wall Street Analyst Weigh In

BESIY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lowered their price target on shares of BE Semiconductor Industries from €84.00 ($86.60) to €76.00 ($78.35) in a research report on Wednesday, May 4th. UBS Group lowered their price target on shares of BE Semiconductor Industries from €88.00 ($90.72) to €80.00 ($82.47) in a research report on Friday, July 22nd.

BE Semiconductor Industries Stock Performance

The company has a debt-to-equity ratio of 0.50, a current ratio of 5.58 and a quick ratio of 4.49. The business’s fifty day moving average price is $52.10 and its 200-day moving average price is $67.53. The stock has a market capitalization of $3.92 billion, a PE ratio of 13.64 and a beta of 1.52.

BE Semiconductor Industries Company Profile

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BE Semiconductor Industries N.V. develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries worldwide. The company's principal products include die attach equipment, such as single chip, multi chip, multi module, flip chip, thermal compression bonding, fan out wafer level packaging, hybrid and embedded bridge die bonding, and die sorting systems; and packaging equipment, including conventional, ultra thin, and wafer level molding, as well as trim and form, and singulation systems.