Nanometrics Incorporated (NASDAQ:NANO) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 26, 2016
Zacks Investment Research has downgraded Nanometrics Incorporated (NASDAQ:NANO) to Sell in a statement released on 9/27/2016.
On 6/27/2016, Stifel Nicolaus released a statement on Nanometrics Incorporated (NASDAQ:NANO) upped the target price from $21.00 to $25.00 that suggested an upside of 0.25%.
Having a price of $21.90, Nanometrics Incorporated (NASDAQ:NANO) traded -1.75% lower on the day. With the last close up 16.97% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Nanometrics Incorporated has recorded a 50-day average of $20.83 and a two hundred day average of $18.72. Volume of trade was down over the average, with 117,202 shares of NANO changing hands under the typical 145,836
With a total market value of $0, Nanometrics Incorporated has price-earnings ratio of 63.85 with a one year low of $11.91 and a one year high of $22.73 .
A total of 4 analysts have released a research note on Nanometrics Incorporated. Two analysts rating the company a strong buy, two analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $23.25.
More About Nanometrics Incorporated (NASDAQ:NANO)
Nanometrics Incorporated (Nanometrics) provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness light emitting diodes (HB-LEDs), discrete components and data storage devices. The Company operates in the segment of sale, design, manufacture, marketing and support of thin film and optical critical dimension systems. The Company's automated and integrated systems address process control applications, including critical dimension and film thickness measurement, device topography, defect inspection, and analysis of various other film properties, such as optical, electrical and material characteristics. The Company's process control solutions are deployed throughout the fabrication process, from front-end-of-line substrate manufacturing, to high-volume production of semiconductors and other devices, to advanced wafer-scale packaging applications.
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