BE Semiconductor Industries (OTCMKTS:BESIY) Shares Cross Below 200 Day Moving Average of $59.65

BE Semiconductor Industries (OTCMKTS:BESIYGet Rating)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $59.65 and traded as low as $44.76. BE Semiconductor Industries shares last traded at $44.76, with a volume of 976 shares trading hands.

Analyst Ratings Changes

Separately, UBS Group cut their price target on BE Semiconductor Industries from €88.00 ($89.80) to €80.00 ($81.63) in a research note on Friday, July 22nd.

BE Semiconductor Industries Stock Down 4.5 %

The stock has a 50 day moving average price of $50.60 and a 200 day moving average price of $59.65. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 11.30 and a beta of 1.54. The company has a quick ratio of 4.98, a current ratio of 5.58 and a debt-to-equity ratio of 0.50.

BE Semiconductor Industries (OTCMKTS:BESIYGet Rating) last posted its quarterly earnings data on Thursday, July 21st. The technology company reported $0.96 EPS for the quarter. The company had revenue of $227.96 million for the quarter. BE Semiconductor Industries had a return on equity of 47.26% and a net margin of 37.06%.

BE Semiconductor Industries Company Profile

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BE Semiconductor Industries N.V. develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries worldwide. The company's principal products include die attach equipment, such as single chip, multi chip, multi module, flip chip, thermal compression bonding, fan out wafer level packaging, hybrid and embedded bridge die bonding, and die sorting systems; and packaging equipment, including conventional, ultra thin, and wafer level molding, as well as trim and form, and singulation systems.

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