Intevac, Inc. (NASDAQ:IVAC) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Boasting a price of $5.91, Intevac, Inc. (NASDAQ:IVAC) traded -3.11% lower on the day. With the last stock price close up 9.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Intevac, Inc. has recorded a 50-day average of $6.00 and a two hundred day average of $5.41. Volume of trade was down over the average, with 4,829 shares of IVAC changing hands under the typical 26,903
Zacks Investment Research has downgraded Intevac, Inc. (NASDAQ:IVAC) to Hold in a statement released on 10/05/2016.
On Wednesday June 08, 2016, Benchmark released a statement for Intevac, Inc. (NASDAQ:IVAC) bumped up the target price from $5.50 to $6.50 that suggested an upside of 0.22%.
With a total market value of $0, Intevac, Inc. has with a one year low of $3.99 and a one year high of $6.60 .
A total of 5 equity analysts have released a ratings update on IVAC. zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $7.45.
Brief Synopsis About Intevac, Inc. (NASDAQ:IVAC)
Intevac, Inc. (Intevac) is a provider of vacuum deposition equipment for a range of thin-film applications, and a provider of digital night-vision technologies and products to the defense industry. The Company's segments include Thin-film Equipment and Photonics. Intevac is engaged in the design and development of thin-film processing systems. Its platforms are designed for high-volume manufacturing of substrates with thin-film properties, such as the hard drive media, display cover panel, and solar photovoltaic markets it serves. It is engaged in developing digital sensors, cameras and systems that serve the defense industry. It provides integrated digital night vision imaging systems for the United States military. Its Thin Film Equipment products include 200 Lean Etch and Deposition System, AccuLuber Disk Lubrication System, INTEVAC MATRIX Implant System and others. Its Photonic products include Rifle Sight, Helicopter Pilotage, Fixed Wing Aircraft Pilotage and others.
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