BE Semiconductor Industries (OTCMKTS:BESIY) Hits New 52-Week High – Should You Buy?

Shares of BE Semiconductor Industries NV (OTCMKTS:BESIY) hit a new 52-week high during trading on Saturday . The company traded as high as $211.2450 and last traded at $210.00, with a volume of 12042 shares trading hands. The stock had previously closed at $201.12.

Analyst Ratings Changes

A number of equities research analysts have issued reports on BESIY shares. Citigroup reissued a “neutral” rating on shares of BE Semiconductor Industries in a report on Tuesday, January 20th. UBS Group reissued a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, October 24th. Morgan Stanley restated an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, January 13th. Needham & Company LLC upgraded BE Semiconductor Industries to a “buy” rating in a research report on Tuesday, January 6th. Finally, Kepler Capital Markets lowered shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 9th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, BE Semiconductor Industries presently has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Trading Up 4.4%

The company’s 50-day moving average is $181.07 and its two-hundred day moving average is $160.63. The company has a debt-to-equity ratio of 1.46, a current ratio of 5.75 and a quick ratio of 5.02.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.