ASML Holding NV (ADR) (NASDAQ:ASML) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: April 20, 2017
Zacks Investment Research has downgraded ASML Holding NV (ADR) (NASDAQ:ASML) to Sell in a statement released on 4/20/2017.
Having a price of $126.89, ASML Holding NV (ADR) (NASDAQ:ASML) traded -2.88% lower on the day. With the last stock price up 10.12% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. ASML Holding NV (ADR) has recorded a 50-day moving average of $127.93 and a 200-day moving average of $115.23. 3,381,000 shares of the stock traded hands, up from an average trading volume of 960,118
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ASML Holding NV (ADR) has a 52 week low of $90.43 and a 52 week high of $134.29 with a P/E ratio of 32.75 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokers have issued a research note on ASML Holding NV (ADR). The 12-month price target is $100.39 with two analysts rating the stock a strong buy, 2 firms rating the stock a buy, 4 equity analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About ASML Holding NV (ADR) (NASDAQ:ASML)
ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company's products include systems, and installed base products and services. The Company's principal operations are in the Netherlands, the United States and Asia. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for 300 millimeter processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems). The Company also offers NXE systems, which are equipped with extreme ultraviolet (EUV) light source technology. The Company offers YieldStar, a wafer metrology system.
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