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Zacks Investment Research downgraded ASML Holding NV (ADR) (NASDAQ:ASML) to Hold in a report released today.

Zacks Investment Research has downgraded ASML Holding NV (ADR) (NASDAQ:ASML) to Hold in a report released on 10/5/2016.

Previously on Tuesday October 04, 2016, Zacks Investment Research reported about ASML Holding NV (ADR) (NASDAQ:ASML) raised the target price from $0.00 to $122.00. At the time, this indicated a possible upside of 0.12%.

Yesterday ASML Holding NV (ADR) (NASDAQ:ASML) traded 0.03% higher at $108.81. The company’s 50-day moving average is $106.55 and its 200-day moving average is $101.45. The last stock close price is up 7.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 324,284 shares of the stock were exchanged, down from an average trading volume of 763,889

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ASML Holding NV (ADR) (NASDAQ:ASML)

ASML Holding NV (ADR) has a 52 week low of $77.17 and a 52 week high of $111.58 with a P/E ratio of 31.34 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 8 firms have reported on the stock. The consensus target price is $100.39 with 2 firms rating the stock a strong buy, 2 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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 advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company's products include systems and system related products. 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 approximately 300 millimeters processing wafers for manufacturing environments for which imaging at a small resolution is required. The Company develops and sells a range of product options and enhancements to its systems. It complements its scanner products with a holistic lithography portfolio of software and metrology products. The Company also offers YieldStar, a wafer metrology system. Its principal operations are in the Netherlands, the United States and Asia.

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