Amtech Systems, Inc. (ASYS) Stock: A Tech Stock That’s Making Its Way For The Top

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Amtech Systems, Inc. (ASYS) is making a move up in the market today. The stock, focused in the technology space, is currently trading at $6.26 after gaining 7.58% so far today. In terms of tech stocks, there are several aspects that have the potential to cause movement in the market. One of the most common is news. Here are the recent trending headlines associated with ASYS:

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Jun-10-19 03:16PM 3 Semiconductor Stocks to Buy Right Now
May-23-19 11:24PM Edited Transcript of ASYS earnings conference call or presentation 9-May-19 9:00pm GMT
May-16-19 08:51AM What Kind Of Investor Owns Most Of Amtech Systems, Inc. (NASDAQ:ASYS)?
May-09-19 07:45PM Amtech Systems (ASYS) Surpasses Q2 Earnings Estimates
06:34PM Amtech: Fiscal 2Q Earnings Snapshot

Nonetheless, when making an investing decision, investors should look at far more than news, especially in the ever evolving technology industry. Here’s what’s going on with Amtech Systems, Inc..

Trends That We’ve Seen From ASYS

While a single session gain, like what we’re seeing from Amtech Systems, Inc. might lead to excitement in some investors, a single session gain by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s generally a good idea to dig into trends just a single trading session. As it relates to ASYS, below are the returns on investment that investors have seen:

  • Past 7 Days – Over the past five trading sessions, ASYS has produced a change in price amounting to 5.73%.
  • Past Month – The monthly returns from Amtech Systems, Inc. works out to -8.28%.
  • Past Three Months – Throughout the last quarter, the stock has generated a return on investment that works out to 18.67%
  • Bi-Annually – Throughout the past six months, we have seen a performance of 12.48% from the company.
  • YTD – Since the open of this year ASYS has produced a return of 28.37%.
  • Annually – Lastly, in the last year, we have seen performance of -31.91% out of ASYS. In this period of time, the stock has sold at a high of -23.89% and a low price of 55.23%.

Key Ratios

Digging into various ratios having to do with a stock can provide prospective investors a view of how risky and/or potentially profitable a an investment option may be. Here are some of the key ratios to look at when looking at ASYS.

Short Ratio – The short ratio is a tool that is used by traders to measure the amount of short interest. As the short ratio goes higher, it means that more investors have a belief that the value of the stock is going to fall. In general, strong tech stocks tend to carry a lower short ratio. However, we also see quite a few short squeezes in the industry. Nonetheless, as it relates to Amtech Systems, Inc., it’s short ratio comes to 6.30.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure the company’s abilities to cover its debts when they come due using quick assets or current assets. In the technology industry, companies are heavily reliant on the continuation of investor support as they work to bring new technologies to market, the quick and current ratios can look upsetting. However, some gems in the technology space do have strong current and quick ratios. As far as ASYS, the quick and current ratios add up to 2.40 and 2.90 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the price of shares. as it relates to Amtech Systems, Inc., that ratio is 5.95.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the value of the company’s stock. In this case, the cash to share value ratio works out to 3.36.

What Are Big Money Players Doing With Amtech Systems, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ASYS, here’s what we’re seeing:

Institutions own 59.90% of the company. Institutional interest has moved by 2.72% over the past three months. When it comes to insiders, those who are close to the company currently own 1.76% percent of ASYS shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What Analysts Think About Amtech Systems, Inc.

While it’s not a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to consider their analysis to validate your own thoughts before making an investment decision in the tech space. Below are the most recent moves that we’ve seen from analysts as it relates to ASYS.

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Aug-10-18 Downgrade The Benchmark Company Buy → Hold
Nov-21-17 Reiterated The Benchmark Company Buy $12 → $18
Aug-04-17 Initiated ROTH Capital Buy $12
May-11-17 Reiterated The Benchmark Company Buy $8 → $10
Apr-26-17 Upgrade The Benchmark Company Hold → Buy $8

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.35. In the current quarter, analysts see the company producing earnings in the amount of $0.03. Over the last 5 years, ASYS has generated revenue in the amount of $38.40% with earnings coming in at 16.70%. On a quarter over quarter basis, earnings have seen movement of 1.60% and revenue has seen movement of -2.40%.

Float Information

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 14.27M shares of Amtech Systems, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ASYS has a float of 13.99M.

I also find it important to look at the short percentage of the float. Think about it, when a high portion of the float is shorted, the overall opinion in the market is that the stock is going to fall hard. When it comes to ASYS, the short percentage of the float is currently 3.43%. Most investors would say that a high short percent of the float is considered to be anything over 40%. Nonetheless, I’ve calculated that a short percent of the float over 26% is likely a risky play.

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