StockNews.com downgraded shares of Intevac (NASDAQ:IVAC – Free Report) from a hold rating to a sell rating in a research report report published on Monday.
Intevac Trading Up 1.7 %
Shares of NASDAQ:IVAC opened at $4.22 on Monday. The company has a 50 day moving average of $3.99 and a 200-day moving average of $4.01. The firm has a market cap of $112.17 million, a P/E ratio of -11.11 and a beta of 0.77. Intevac has a twelve month low of $3.07 and a twelve month high of $4.57.
Intevac (NASDAQ:IVAC – Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The electronics maker reported ($0.10) earnings per share for the quarter. The company had revenue of $9.63 million during the quarter. Intevac had a negative return on equity of 8.17% and a negative net margin of 19.52%.
Institutional Trading of Intevac
About Intevac
Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.
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