Amtech Systems (ASYS) was Downgraded to a Hold Rating at Benchmark Co.


Amtech Systems (NASDAQ: ASYS) received a Hold rating from Benchmark Co. analyst Mark Miller today. The company’s shares closed yesterday at $5.83, close to its 52-week low of $5.39.

According to TipRanks.com, Miller is a top 25 analyst with an average return of 25.9% and a 73.3% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and MKS Instruments.

Amtech Systems has an analyst consensus of Hold, with a price target consensus of $9.

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Amtech Systems’ market cap is currently $86.84M and has a P/E ratio of 4.26. The company has a Price to Book ratio of 0.84.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock.

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Amtech Systems, Inc. engages in manufacturing of capital equipment. It specializes in thermal processing and silicon wafer handling automation, and related consumables used in fabricating solar cells, light-emitting diodes, and semiconductor devices. It operates through the following business segments: Solar, Semiconductor, and Polishing.

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