Amtech Systems, Inc. (NASDAQ:ASYS – Get Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 56,200 shares, a drop of 20.7% from the May 31st total of 70,900 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 39,900 shares, the short-interest ratio is presently 1.4 days.
Amtech Systems Price Performance
Shares of NASDAQ ASYS traded down $0.25 during midday trading on Friday, reaching $5.86. 55,353 shares of the stock were exchanged, compared to its average volume of 50,661. Amtech Systems has a 12 month low of $3.37 and a 12 month high of $11.98. The business has a 50-day simple moving average of $5.52 and a two-hundred day simple moving average of $4.90. The company has a market capitalization of $83.26 million, a price-to-earnings ratio of -3.88 and a beta of 1.46.
Amtech Systems (NASDAQ:ASYS – Get Free Report) last posted its earnings results on Wednesday, May 8th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.12. Amtech Systems had a negative return on equity of 4.54% and a negative net margin of 19.70%. The firm had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $23.00 million. Equities research analysts expect that Amtech Systems will post -0.13 earnings per share for the current fiscal year.
Institutional Trading of Amtech Systems
Amtech Systems Company Profile
Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments.
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