Amtech Systems, Inc. (ASYS) Director Michael Garnreiter Sells 5,000 Shares of Stock
Amtech Systems, Inc. (NASDAQ:ASYS) Director Michael Garnreiter sold 5,000 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $10.00, for a total transaction of $50,000.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $50,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Amtech Systems, Inc. (NASDAQ:ASYS) traded up $0.07 during midday trading on Friday, reaching $10.41. 179,760 shares of the company’s stock traded hands, compared to its average volume of 429,335. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.83 and a quick ratio of 1.48. The stock has a market capitalization of $152.32, a price-to-earnings ratio of 15.91 and a beta of 1.98. Amtech Systems, Inc. has a 52 week low of $3.99 and a 52 week high of $15.45.
A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Amtech Systems from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Tuesday, October 17th. Benchmark reaffirmed a “buy” rating and set a $18.00 price objective (up from $12.00) on shares of Amtech Systems in a research note on Tuesday, November 21st. Finally, ValuEngine raised shares of Amtech Systems from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 21st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Amtech Systems has an average rating of “Buy” and an average target price of $14.88.
TRADEMARK VIOLATION WARNING: This story was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.watchlistnews.com/amtech-systems-inc-asys-director-michael-garnreiter-sells-5000-shares-of-stock/1768570.html.
About Amtech Systems
Amtech Systems, Inc is engaged in the manufacture 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 operates through three business segments: solar, semiconductor and polishing.
Receive News & Ratings for Amtech Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amtech Systems and related companies with MarketBeat.com's FREE daily email newsletter.