BE Semiconductor Industries (OTCMKTS:BESIY) Shares Gap Down – Time to Sell?

BE Semiconductor Industries NV (OTCMKTS:BESIY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $167.00, but opened at $158.00. BE Semiconductor Industries shares last traded at $158.00, with a volume of 289 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of BE Semiconductor Industries in a research note on Wednesday, October 15th. Zacks Research raised BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 14th. Finally, UBS Group restated a “buy” rating on shares of BE Semiconductor Industries in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

BE Semiconductor Industries Trading Down 3.2%

The company has a current ratio of 5.75, a quick ratio of 5.02 and a debt-to-equity ratio of 1.46. The company has a fifty day moving average price of $160.89 and a two-hundred day moving average price of $147.22.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its earnings results on Thursday, October 23rd. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.31 by $0.06. The firm had revenue of $154.12 million for the quarter, compared to the consensus estimate of $160.84 million. BE Semiconductor Industries had a net margin of 25.42% and a return on equity of 33.98%. As a group, equities analysts expect that BE Semiconductor Industries NV will post 4.56 EPS for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.