Stock Research Monitor: ENTG, OCLR, and PLAB
LONDON, UK / ACCESSWIRE / June 22, 2018 / If you want a free Stock Review on LRCX sign up now at www.wallstequities.com/registration. This morning, WallStEquities.com covers the Semiconductor Equipment and Materials industry, which provides the basis for the manufacturing of semiconductors. The major areas of the production process include deposition, etch, ion implanting, planarization, process diagnostics, rapid thermal processing, and testing. Lined up for evaluation today are these four stocks: Entegris Inc. (NASDAQ: ENTG), Lam Research Corp. (NASDAQ: LRCX), Oclaro Inc. (NASDAQ: OCLR), and Photronics Inc. (NASDAQ: PLAB). All you have to do is sign up today for this free limited time offer by clicking the link below.
Billerica, Massachusetts headquartered Entegris Inc.'s stock finished Thursday's session 0.83% lower at $35.90 with a total trading volume of 718,777 shares. The Company's shares have advanced 3.01% in the past month and 52.12% over the past year. The stock is trading 0.76% above its 50-day moving average and 9.84% above its 200-day moving average. Additionally, shares of Entegris, which develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide, have a Relative Strength Index (RSI) of 45.38.
On June 06th, 2018, Entegris announced that it has entered into a definitive agreement to acquire the SAES Pure Gas business from SAES Getters S.p.A., an advanced functional materials company headquartered in Milan, Italy. Under the agreement, Entegris will purchase the shares and assets which comprise the SAES Pure Gas business for approximately $355 million, subject to customary purchase price adjustments.
On June 08th, 2018, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $42 a share to $44 a share. Get the full research report on ENTG for free by clicking below at:
On Thursday, shares in Fremont, California headquartered Lam Research Corp. recorded a trading volume of 3.07 million shares. The stock ended the session 0.87% higher at $176.05. The Company's shares have advanced 16.65% over the past year. The stock is trading 9.40% below its 200-day moving average. Moreover, shares of Lam Research, which designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide, have an RSI of 34.61.
On June 13th, 2018, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform'. Download our actionable research report on LRCX at:
San Jose, California headquartered Oclaro Inc.'s shares closed the day 0.34% lower at $8.73. The stock recorded a trading volume of 1.05 million shares. The Company's shares are trading 0.68% and 10.01% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Oclaro, which designs, manufactures, and markets optical components, modules, and subsystems for the long-haul, metro, and data center markets worldwide, have an RSI of 46.09.
On May 29th, 2018, Oclaro and Acacia Communications, Inc. (ACIA), a leading provider of high-speed coherent optical interconnect products, announced that they are enabling a multi-vendor environment of fully interoperable CFP2-DCO modules based on the latter's Meru DSP. Oclaro plans to launch a new CFP2-DCO module that will feature plug-and-play compatibility with the ACIA CFP2-DCO, providing customers with two proven coherent optics suppliers for the 100/200G CFP2-DCO form factor. Register for your free report coverage on OCLR at:
Shares in Brookfield, Connecticut-based Photronics Inc. finished flat at $8.45. The stock recorded a trading volume of 411,890 shares. The Company's shares are trading above their 50-day moving average by 1.55%. Furthermore, shares of Photronics, which together with its subsidiaries, manufactures and sells photomasks in Taiwan, Korea, the US, Europe, and internationally, have an RSI of 49.12.
On June 11th, 2018, Photronics was selected by Nanya Technology Corporation as the excellent supplier for its South Asian Branch in 2017. Get the free research report on PLAB at:
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