Amtech Systems Inc (NASDAQ: ASYS) stock closed at $6.36 on 8/14/24 after a major increase of 16.1%. Moreover, unusually high trading volume at 167% of normal accompanied the advance. The stock has risen 20.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ASYS’ future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Amtech Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Amtech Systems has a slightly negative Appreciation Score of 33 but a good Power Rating of 78, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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