Amtech Systems, Inc. Just Recorded A Sigfniciant Decline

The stock of Amtech Systems, Inc. (NASDAQ:ASYS) is a huge mover today! The stock decreased 5.86% or $0.38 on April 1, hitting $6.11. About 64,181 shares traded hands or 187.92% up from the average. Amtech Systems, Inc. (NASDAQ:ASYS) has risen 22.94% since August 26, 2015 and is uptrending. It has outperformed by 12.65% the S&P500. The move comes after 5 months negative chart setup for the $77.14 million company. It was reported on Apr, 2 by Barchart.com. We have $5.32 PT which if reached, will make NASDAQ:ASYS worth $10.03 million less.

Analysts await Amtech Systems, Inc. (NASDAQ:ASYS) to reports earnings on May, 5. They expect $-0.44 earnings per share, down 131.58% or $0.25 from last year’s $-0.19 per share. After $-0.31 actual earnings per share reported by Amtech Systems, Inc. for the previous quarter, Wall Street now forecasts 41.94% negative EPS growth.

Out of 3 analysts covering Amtech Systems (NASDAQ:ASYS), 3 rate it “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Amtech Systems was the topic in 6 analyst reports since August 9, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained the stock on November 20 with “Buy” rating.

According to Zacks Investment Research, “AMTECH SYSTEMS, INC. is engaged in the manufacture of several items of capital equipment, one of which is patented, used by customers in the manufacture of semiconductors. Co. has recently obtained a U.S. patent on technology on which it expects to base a proposed new photo chemical vapor deposition (CVD) product for use in semiconductor manufacturing facilities. The Company has engaged the University of California, Santa Cruz, to conduct a study to determine the feasibility of such a product.”

The institutional sentiment increased to 1.18 in Q3 2015. Its up 0.09, from 1.09 in 2015Q2. The ratio is positive, as 9 funds sold all Amtech Systems, Inc. shares owned while 8 reduced positions. 4 funds bought stakes while 16 increased positions. They now own 12.55 million shares or 57.83% more from 7.95 million shares in 2015Q2.

Kokino Llc holds 26.65% of its portfolio in Amtech Systems, Inc. for 1.79 million shares. Keane Capital Management Inc owns 213,525 shares or 1.2% of their US portfolio. Moreover, Hollow Brook Wealth Management Llc has 1.09% invested in the company for 529,077 shares. The Massachusetts-based New England Private Wealth Advisors Llc has invested 0.74% in the stock. G2 Investment Partners Management Llc, a New York-based fund reported 371,168 shares.

Since March 13, 2015, the stock had 2 buys, and 0 selling transactions for $1.79 million net activity. Piton Capital Partners Llc bought 55,000 shares worth $287,134. King Robert F bought 2,000 shares worth $9,740. Pentinga Fokko sold 27,947 shares worth $327,905. Anderson Bradley Clark sold 20,002 shares worth $236,406. The insider Whang Jong S sold 65,613 shares worth $731,788.

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