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Will Needham Downgrade to Hold from Buy Be a Headwind For Camtek (NASDAQ:CAMT) Stock Today?

Camtek (NASDAQ:CAMT) Rating Change

In an analyst note revealed to investors and clients on 27 June, Needham decreased shares of Camtek (NASDAQ:CAMT) to Hold rating from Buy rating.

This stock rating downgrade is noticed by stock investors, as NASDAQ:CAMT is right now trading 0.00% lower at $5.91 as of 12:02 AM New York time. Camtek shares have [From2] 0% in the last 200 days, while the S&P 500 has risen 6.00% in the same time.

Camtek (NASDAQ:CAMT) Profile

Camtek Ltd. provides automated and technological solutions for production processes and products yield, enabling and supporting customers’ technologies in the semiconductor fabrication and printed circuit board (PCB) industries. The Company designs, develops, manufactures and markets products mainly based on two core technologies: automated optical inspection (AOI) and functional ink technology (FIT). The Company’s AOI systems are computerized systems that optically inspect various types of electronic product components for defects caused during the manufacturing process.

Camtek (NASDAQ:CAMT) closed at $5.91 yesterday. A total of 33,604 shares of the company’s stock traded hands. This is down from average of 1.11 million shares. Camtek has a 52 week low of $1.98 and a 52 week high of $7.96. The company has a market cap of $209.93 million and a P/E ratio of 26.14.

Get the latest Camtek (NASDAQ:CAMT) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Will Needham Downgrade to Hold from Buy Be a Headwind For Camtek (NASDAQ:CAMT) Stock Today? appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Will Needham Downgrade to Hold from Buy Be a Headwind For Camtek (NASDAQ:CAMT) Stock Today?

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