A statement released earlier today by Stifel Nicolaus about Rudolph Technologies Inc (NYSE:RTEC) bumps the target price to $19.00
- Updated: November 26, 2016
Stating a potential downside of -0.07%, Stifel Nicolaus raised the target price of Rudolph Technologies Inc (NYSE:RTEC) to $19.00
Yesterday Rudolph Technologies Inc (NYSE:RTEC) traded 1.28% higher at $20.35. The company’s 50-day moving average is $18.38 and its 200-day moving average is $16.73. The last stock close price is up 18.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 105,700 shares of the stock were exchanged, down from an average trading volume of 251,156
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Rudolph Technologies Inc has a 52 week low of $11.17 and a 52 week high of $20.45 with a P/E ratio of 18.76 The company’s market cap is currently $0.
In addition to Stifel Nicolaus reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $16.15 with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Rudolph Technologies Inc (NYSE:RTEC)
Rudolph Technologies, Inc. (Rudolph) is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The Company operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. It offers Process Control Business, Lithography Business and Integrated Software Solutions. It provides process and yield management solutions used in both wafer processing and final manufacturing through a family of systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements. Rudolph markets and sells products to logic, memory, data storage, flat panel and application-specific integrated circuit (ASIC) device manufacturers.
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