BE Semiconductor Industries (OTCMKTS:BESIY) Posts Quarterly Earnings Results

BE Semiconductor Industries (OTCMKTS:BESIY) issued its quarterly earnings data on Thursday. The technology company reported $0.79 earnings per share (EPS) for the quarter, Zacks reports. BE Semiconductor Industries had a net margin of 28.93% and a return on equity of 39.36%.

BE Semiconductor Industries Stock Down 2.0 %

BESIY traded down $2.36 during trading hours on Thursday, hitting $118.64. 4,194 shares of the company’s stock were exchanged, compared to its average volume of 1,944. The company has a debt-to-equity ratio of 1.13, a quick ratio of 6.12 and a current ratio of 6.86. BE Semiconductor Industries has a 1-year low of $105.53 and a 1-year high of $195.34. The stock’s 50-day moving average is $136.36 and its two-hundred day moving average is $126.81.

Analysts Set New Price Targets

A number of research firms have issued reports on BESIY. UBS Group upgraded BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Needham & Company LLC downgraded BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a report on Monday, January 13th.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.