Amtech Systems (ASYS) Getting Somewhat Favorable Media Coverage, Report Finds
News articles about Amtech Systems (NASDAQ:ASYS) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Amtech Systems earned a news impact score of 0.08 on Accern’s scale. Accern also gave headlines about the semiconductor company an impact score of 43.944254408157 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
ASYS has been the topic of a number of recent analyst reports. ValuEngine lowered Amtech Systems from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 30th. Benchmark reissued a “buy” rating and set a $18.00 price target (up previously from $12.00) on shares of Amtech Systems in a research note on Tuesday, November 21st. Finally, Zacks Investment Research raised Amtech Systems from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research note on Tuesday, October 24th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $14.88.
Shares of Amtech Systems (ASYS) traded down $0.27 during trading on Friday, hitting $10.16. The company’s stock had a trading volume of 323,564 shares, compared to its average volume of 358,179. The company has a current ratio of 1.83, a quick ratio of 1.48 and a debt-to-equity ratio of 0.09. The stock has a market cap of $149.66, a price-to-earnings ratio of 15.63 and a beta of 1.98. Amtech Systems has a one year low of $3.99 and a one year high of $15.45.
In related news, Director Michael Garnreiter sold 5,000 shares of the stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $10.00, for a total value of $50,000.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $50,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jong S. Whang sold 18,600 shares of the stock in a transaction on Monday, November 27th. The stock was sold at an average price of $12.54, for a total value of $233,244.00. Following the completion of the transaction, the insider now directly owns 53,066 shares in the company, valued at $665,447.64. The disclosure for this sale can be found here. Insiders sold a total of 144,292 shares of company stock worth $1,857,068 over the last ninety days. Corporate insiders own 34.60% of the company’s stock.
About Amtech Systems
Amtech Systems, Inc is engaged in the manufacture 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 operates through three business segments: solar, semiconductor and polishing.
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