Latest Stocks: Amtech Systems, Inc. (ASYS) Raised to C- at TheStreet

Latest Stocks: Amtech Systems, Inc. (ASYS) Raised to C- at TheStreet

Amtech Systems, Inc. (NASDAQ:ASYS) was upgraded by investment analysts at TheStreet from a “d+” rating to a “c-” rating in a report issued on Monday, May 15th.

A number of other research analysts have also recently commented on ASYS. Zacks Investment Research upgraded shares of Amtech Systems from a “sell” rating to a “hold” rating in a research note on Thursday, March 30th. Benchmark Co. cut their price target on shares of Amtech Systems from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, May 11th.

Amtech Systems (ASYS) opened at 8.11 on Monday. Amtech Systems has a 52 week low of $3.99 and a 52 week high of $8.75. The stock’s 50 day moving average price is $7.27 and its 200 day moving average price is $5.69. The firm’s market capitalization is $107.05 million. Amtech Systems (NASDAQ:ASYS) last released its earnings results on Wednesday, May 10th. The semiconductor company reported ($0.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. Amtech Systems had a negative return on equity of 9.62% and a negative net margin of 2.39%. The business had revenue of $32.94 million for the quarter, compared to the consensus estimate of $27.95 million. During the same period last year, the business earned ($0.11) earnings per share. The firm’s revenue for the quarter was up 46.5% compared to the same quarter last year. On average, equities analysts expect that Amtech Systems will post ($0.07) EPS for the current year.

Amtech Systems (ASYS) opened at 8.11 on Monday. Amtech Systems has a 52 week low of $3.99 and a 52 week high of $8.75. The stock’s 50 day moving average price is $7.27 and its 200 day moving average price is $5.69. The firm’s market capitalization is $107.05 million. A number of hedge funds and other institutional investors have recently bought and sold shares of ASYS. Algert Global LLC bought a new position in Amtech Systems during the first quarter valued at $147,000. Ironwood Investment Management LLC boosted its position in Amtech Systems by 6.4% in the first quarter. Ironwood Investment Management LLC now owns 39,978 shares of the semiconductor company’s stock valued at $220,000 after buying an additional 2,398 shares during the period. WealthTrust Axiom LLC raised its position in shares of Amtech Systems by 1.3% in the third quarter. WealthTrust Axiom LLC now owns 57,996 shares of the semiconductor company’s stock valued at $287,000 after buying an additional 771 shares during the period. Geode Capital Management LLC raised its position in shares of Amtech Systems by 10.8% in the first quarter. Geode Capital Management LLC now owns 68,573 shares of the semiconductor company’s stock valued at $377,000 after buying an additional 6,691 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of Amtech Systems by 29.5% in the fourth quarter. Renaissance Technologies LLC now owns 99,236 shares of the semiconductor company’s stock valued at $422,000 after buying an additional 22,600 shares during the period. Hedge funds and other institutional investors own 52.61% of the company’s stock.

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