Shares of Amtech Systems, Inc. (NASDAQ:ASYS – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.59 and traded as high as $4.80. Amtech Systems shares last traded at $4.75, with a volume of 97,963 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen lowered shares of Amtech Systems from a “buy” rating to a “sell” rating in a research note on Thursday, May 22nd.
Read Our Latest Stock Analysis on ASYS
Amtech Systems Stock Up 6.0%
Institutional Trading of Amtech Systems
Hedge funds have recently made changes to their positions in the business. Sowell Financial Services LLC acquired a new stake in shares of Amtech Systems during the first quarter worth about $159,000. Northern Trust Corp lifted its position in shares of Amtech Systems by 31.7% during the fourth quarter. Northern Trust Corp now owns 44,816 shares of the semiconductor company’s stock worth $244,000 after purchasing an additional 10,791 shares in the last quarter. Renaissance Technologies LLC purchased a new position in Amtech Systems in the fourth quarter worth approximately $64,000. Squarepoint Ops LLC purchased a new position in Amtech Systems in the fourth quarter worth approximately $71,000. Finally, Millennium Management LLC lifted its stake in Amtech Systems by 82.7% in the fourth quarter. Millennium Management LLC now owns 22,706 shares of the semiconductor company’s stock worth $124,000 after acquiring an additional 10,281 shares during the last quarter. Institutional investors and hedge funds own 50.21% of the company’s stock.
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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