TheStreet downgraded Amtech Systems, Inc. (NASDAQ:ASYS) to Sell in a report released today.
- Updated: October 1, 2016
TheStreet has downgraded Amtech Systems, Inc. (NASDAQ:ASYS) to Sell in a report released on 9/27/2016.
Previously on 11/17/2015, Cowen reported on Amtech Systems, Inc. (NASDAQ:ASYS) reduced the target price from $12.00 to $9.00. At the time, this indicated a possible upside of 0.70%.
Yesterday Amtech Systems, Inc. (NASDAQ:ASYS) traded 0.61% higher at $4.96. ASYS’s 50-day average is $5.23 and its two hundred day average is $6.00. With the last stock price close down -17.36% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 9,113 shares of ASYS changing hands under the typical 15,338
With a total market value of $0, Amtech Systems, Inc. has with a one year low of $4.12 and a one year high of $8.40 .
A total of 3 equity analysts have released a ratings update on ASYS. One equity analyst rating the company a strong buy, two equity analysts rating the company a buy, one equity analyst 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 $9.25.
Brief Synopsis About Amtech Systems, Inc. (NASDAQ:ASYS)
Amtech Systems, Inc. is a manufacturer of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, light-emitting diode (LED) and semiconductor devices. The Company's segments include Solar, Semiconductor and Polishing. Its Solar segment supplies thermal processing systems, including diffusion, plasma-enhanced chemical vapor deposition (PECVD), atomic layer deposition (ALD), related automation, parts and services, to the solar/photovoltaic industry. Its Semiconductor segment supplies thermal processing equipment, including solder reflow equipment and related controls for use by semiconductor manufacturers, and in electronics assembly for automotive and other industries. Its Polishing segment produces consumables and machinery for lapping and polishing of materials, such as sapphire substrates, optical components, silicon wafers, and various types of crystalline materials, ceramics and metal components.
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