Janney Montgomery Scott LLC lowered its position in shares of Amtech Systems Inc. (NASDAQ:ASYS) by 17.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 33,400 shares of the company’s stock after selling 7,032 shares during the period. Janney Montgomery Scott LLC owned about 0.25% of Amtech Systems worth $209,000 at the end of the most recent quarter.

Separately, Royce & Associates LP boosted its stake in shares of Amtech Systems by 3.6% in the first quarter. Royce & Associates LP now owns 1,431,623 shares of the company’s stock worth $9,291,000 after buying an additional 49,455 shares during the last quarter. 53.01% of the stock is currently owned by institutional investors.

Amtech Systems Inc. (NASDAQ:ASYS) traded down 0.59% on Tuesday, hitting $5.03. 25,870 shares of the stock were exchanged. Amtech Systems Inc. has a 12 month low of $4.12 and a 12 month high of $8.40. The company has a 50-day moving average of $5.50 and a 200 day moving average of $6.07. The firm’s market cap is $66.26 million.

Amtech Systems (NASDAQ:ASYS) last posted its quarterly earnings results on Thursday, August 4th. The company reported ($0.09) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.27) by $0.18. Amtech Systems had a negative net margin of 5.07% and a negative return on equity of 21.02%. The firm had revenue of $33.30 million for the quarter, compared to analysts’ expectations of $31.26 million. During the same quarter in the prior year, the company posted ($0.12) earnings per share. The business’s revenue for the quarter was down 16.7% on a year-over-year basis. Equities research analysts expect that Amtech Systems Inc. will post ($0.59) earnings per share for the current fiscal year.

A number of equities research analysts have issued reports on ASYS shares. Zacks Investment Research cut shares of Amtech Systems from a “buy” rating to a “hold” rating in a report on Monday, July 11th. TheStreet raised shares of Amtech Systems from a “sell” rating to a “hold” rating in a report on Friday, May 27th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $8.73.

About Amtech Systems

Amtech Systems, Inc is a manufacturer of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, light-emitting diode (LED) and semiconductor devices. The Company’s segments include Solar, Semiconductor and Polishing.

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