ASML Holding (NASDAQ:ASML – Get Rating) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $699.87 and last traded at $697.67, with a volume of 268785 shares changing hands. The stock had previously closed at $695.93.
Analysts Set New Price Targets
A number of analysts have recently weighed in on ASML shares. Argus raised their price target on shares of ASML from $590.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, January 26th. StockNews.com initiated coverage on shares of ASML in a report on Thursday. They issued a “buy” rating for the company. JPMorgan Chase & Co. lifted their price objective on shares of ASML from $710.00 to $752.00 and gave the stock an “overweight” rating in a report on Thursday, January 26th. Finally, Stifel Nicolaus downgraded shares of ASML from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $688.92.
ASML Stock Performance
The stock has a 50 day moving average price of $647.16 and a two-hundred day moving average price of $621.05. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.28 and a quick ratio of 0.88. The company has a market capitalization of $273.85 billion, a price-to-earnings ratio of 38.34, a price-to-earnings-growth ratio of 1.16 and a beta of 1.47.
Hedge Funds Weigh In On ASML
ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.
- Get a free copy of the StockNews.com research report on ASML (ASML)
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