StockNews.com initiated coverage on shares of Intevac (NASDAQ:IVAC – Free Report) in a report released on Thursday morning. The firm issued a sell rating on the electronics maker’s stock.
Intevac Price Performance
IVAC opened at $4.03 on Thursday. Intevac has a 52-week low of $2.46 and a 52-week high of $4.42. The company has a market cap of $109.49 million, a P/E ratio of -12.21 and a beta of 0.62. The firm’s 50-day moving average price is $3.72 and its 200-day moving average price is $3.40.
Intevac Announces Dividend
The firm also recently declared a special dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.052 dividend. Intevac’s dividend payout ratio (DPR) is presently -60.61%.
Hedge Funds Weigh In On Intevac
Intevac Company Profile
Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.
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