Stock Research Monitor: ICHR, IPGP, and KLIC
LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want a free Stock Review on KLAC sign up now at www.wallstequities.com/registration. According to a report by Rick Merritt, Silicon Valley Bureau Chief, EE Times, the outlook of a handful of analysts for the semiconductor industry at a kickoff for the annual Semicon West event is that the industry is poised for as much as 15% growth this year and a shot at its first $500-billion year in 2019, driven largely by rising memory prices. The report further noted that the big dark spot on the horizon is a growing trade war between the US and China. This morning, WallStEquities.com covers the Semiconductor Equipment and Materials space to see how select stocks have fared over the previous trading sessions: Ichor Holdings Ltd (NASDAQ: ICHR), IPG Photonics Corp. (NASDAQ: IPGP), KLA-Tencor Corp. (NASDAQ: KLAC), and Kulicke and Soffa Industries Inc. (NASDAQ: KLIC). All you have to do is sign up today for this free limited time offer by clicking the link below.
On Wednesday, shares in Fremont, California headquartered Ichor Holdings Ltd recorded a trading volume of 986,641 shares. The stock ended the day at $21.05, declining 4.92% from the last trading session. The Company's shares have advanced 1.20% over the past year. The stock is trading below its 50-day moving average by 11.28%. Furthermore, shares of Ichor Holdings, which engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the US, UK, Singapore, Malaysia, and South Korea, have a Relative Strength Index (RSI) of 40.04.
On June 18th, 2018, research firm Stifel reiterated its ‘Buy' rating on the Company's stock with an increase of the target price from $44 a share to $48 a share. Get the full research report on ICHR for free by clicking below at:
Oxford, Massachusetts headquartered IPG Photonics Corp.'s stock saw a decline of 4.91%, finishing yesterday's session at $222.28. A total volume of 399,783 shares was traded, which was above their three months average volume of 372,070 shares. The Company's shares have gained 47.53% over the past year. The stock is trading below its 200-day moving average by 3.32%. Additionally, shares of IPG Photonics, which develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide, have an RSI of 40.98. Get access to our top-rated research, including the free report on IPGP at:
Shares in Milpitas, California headquartered KLA-Tencor Corp. ended the session 2.64% lower at $103.26. The stock recorded a trading volume of 1.12 million shares. The Company's shares have gained 6.53% over the past year. The stock is trading 4.50% below its 200-day moving average. Moreover, shares of KLA-Tencor, which designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nano-electronics industries worldwide, have an RSI of 39.87.
On June 22nd, 2018, research firm Needham downgraded the Company's stock rating from 'Buy' to 'Hold'.
On July 10th, 2018, KLA-Tencor announced two new defect inspection products, addressing two key challenges in tool and process monitoring during silicon wafer and chip manufacturing at the leading-edge logic and memory nodes. The VoyagerTM 1015 system offers new capability to inspect patterned wafers, including inspection in the lithography cell immediately after development of the photoresist, when the wafer can be reworked. The Surfscan® SP7 system delivers unprecedented defect detection sensitivity on bare wafers, smooth and rough films. Click here to subscribe for a free membership which welcomes you with our report on KLAC at:
Kulicke and Soffa Industries
At the closing bell on Wednesday, Singapore headquartered Kulicke and Soffa Industries Inc.'s stock rose slightly by 0.31%, finishing at $26.00. A total volume of 1.49 million shares was traded, which was above their three months average volume of 761,750 shares. The Company's shares have gained 10.87% in the last month, 2.85% over the previous three months, and 23.34% over the past year. The stock is trading 10.93% and 9.16% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which designs, manufactures, and sells capital equipment and expendable tools to assemble semiconductor devices, have an RSI of 69.30.
On July 10th, 2018, Kulicke and Soffa Industries announced that its Board of Directors has increased its share repurchase authorization by an additional $100 million. The new authorization is effective immediately, may be suspended or discontinued at any time, and is expected to be funded using the Company's available cash, cash equivalents, and short-term investments. To get free access to your research report on KLIC, sign up at:
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