On 6/21/24, Amtech Systems Inc (NASDAQ: ASYS) stock enjoyed a major increase of 14.1%, closing at $6.63. Moreover, trading volume in this advance was exceptionally high at 604% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 10.7% during the last week.
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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Amtech Systems has a poor Appreciation Score of 27 and a poor Power Rating of 26, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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