StockNews.com downgraded shares of Intevac (NASDAQ:IVAC – Free Report) from a hold rating to a sell rating in a research note released on Friday.
Intevac Stock Performance
Shares of NASDAQ:IVAC opened at $3.80 on Friday. Intevac has a 52-week low of $3.07 and a 52-week high of $4.57. The company has a market capitalization of $101.02 million, a PE ratio of -10.00 and a beta of 0.82. The company has a fifty day moving average of $3.92 and a 200-day moving average of $3.96.
Intevac (NASDAQ:IVAC – Get Free Report) last posted its earnings results on Thursday, April 25th. The electronics maker reported ($0.10) EPS for the quarter. The business had revenue of $9.63 million for the quarter. Intevac had a negative return on equity of 8.17% and a negative net margin of 19.52%.
Institutional Investors Weigh In On Intevac
Intevac Company Profile
Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.
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