BE Semiconductor Industries (OTCMKTS:BESIY) Shares Pass Above 200-Day Moving Average of $60.87

BE Semiconductor Industries (OTCMKTS:BESIY – Get Rating)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $60.87 and traded as high as $81.35. BE Semiconductor Industries shares last traded at $81.00, with a volume of 1,302 shares trading hands.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BESIY shares. Barclays began coverage on BE Semiconductor Industries in a report on Tuesday, January 17th. They set an “underweight” rating on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on BE Semiconductor Industries from €60.00 ($64.52) to €66.00 ($70.97) and gave the stock a “buy” rating in a research report on Tuesday, January 10th. Finally, Sanford C. Bernstein started coverage on BE Semiconductor Industries in a report on Wednesday, January 18th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $73.00.

BE Semiconductor Industries Trading Down 1.1 %

The company has a current ratio of 5.58, a quick ratio of 4.98 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $5.87 billion, a P/E ratio of 26.30 and a beta of 1.58. The firm has a 50-day moving average of $73.83 and a two-hundred day moving average of $60.87.

BE Semiconductor Industries Company Profile

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BE Semiconductor Industries NV engages in the development, manufacturing, marketing, sales, and service of semiconductor assembly equipment for the global semiconductor and electronics industries. Its products and services include machines conversion kits and upgrades; installation, start-up, and training services; spare parts; and extended warranty.