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Ichor Holdings Ltd (NASDAQ:ICHR) has been downgraded to Sell in a report by Zacks Investment Research today.

Zacks Investment Research has downgraded Ichor Holdings Ltd (NASDAQ:ICHR) to Sell in a report released on 7/7/2017.

Previously on Tuesday May 09, 2017, Cowen reported on Ichor Holdings Ltd (NASDAQ:ICHR) upped the target price from $22.00 to $25.00. At the time, this indicated a possible upside of 0.26%.

Yesterday Ichor Holdings Ltd (NASDAQ:ICHR) traded 7.71% higher at $20.24. Ichor Holdings Ltd’s 50-day moving average is $21.28 and its 200-day moving average is $19.95. The last closing price is up -2.65% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 1,727,490 shares of ICHR traded hands, up from an average trading volume of 885,511

Recent Performance Chart

Ichor Holdings Ltd (NASDAQ:ICHR)

With a total market value of $0, Ichor Holdings Ltd has price-earnings ratio of 10.45 with a one year low of $9.81 and a one year high of $29.73 .

Brief Synopsis About Ichor Holdings Ltd (NASDAQ:ICHR)

Ichor Holdings, Ltd. is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. The Company's primary offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The Company's gas delivery subsystems deliver, monitor and control precise quantities of the specialized gases used in semiconductor manufacturing processes, such as etch and deposition. Its chemical delivery subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes, such as chemical-mechanical planarization (CMP) electroplating and cleaning. The Company also manufactures certain components for internal use in fluid delivery systems and for direct sales to its customers.

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