BE Semiconductor Industries (OTCMKTS:BESIY) Shares Gap Down – Here’s What Happened

BE Semiconductor Industries NV (OTCMKTS:BESIY) gapped down prior to trading on Tuesday . The stock had previously closed at $365.70, but opened at $346.44. BE Semiconductor Industries shares last traded at $346.44, with a volume of 792 shares changing hands.

Analyst Ratings Changes

Several research firms have recently weighed in on BESIY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research report on Friday, May 15th. Zacks Research raised BE Semiconductor Industries to a “strong-buy” rating in a research note on Thursday, April 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, May 19th. Finally, Berenberg Bank raised BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

BE Semiconductor Industries Price Performance

The company has a quick ratio of 4.17, a current ratio of 4.74 and a debt-to-equity ratio of 1.11. The company has a market cap of $25.45 billion, a PE ratio of 158.82 and a beta of 1.97. The stock has a 50-day simple moving average of $297.76 and a 200 day simple moving average of $228.61.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its earnings results on Thursday, April 23rd. The technology company reported $0.76 EPS for the quarter, meeting analysts’ consensus estimates of $0.76. BE Semiconductor Industries had a return on equity of 38.42% and a net margin of 24.02%.The company had revenue of $216.51 million for the quarter, compared to the consensus estimate of $220.77 million. Equities analysts expect that BE Semiconductor Industries NV will post 4.46 EPS for the current year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.