Extremely important negative changes in investment behavior have recently occurred for Amtech Systems Inc (NASDAQ: ASYS): negative upside/downside volume developed, and its shorter term price trend turned down.
Important negative changes in Amtech Systems Inc (NASDAQ: ASYS) fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Amtech Systems has a slightly negative Appreciation Score of 35 but a very high Power Rating of 97, producing the Positive Value Trend Rating.
Recent Price Action
Amtech Systems Inc (NASDAQ: ASYS) stock declined modestly by -1.9% on 9/13/24. The stock closed at $6.04. However, this decline was accompanied by below average trading volume at 70% of normal. The stock has declined -4.0% during the last week but has been exceptionally strong relative to the market over the last nine months.
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