BE Semiconductor Industries (OTCMKTS:BESIY) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Shares of BE Semiconductor Industries (OTCMKTS:BESIY) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $126.72 and traded as low as $112.55. BE Semiconductor Industries shares last traded at $113.37, with a volume of 2,427 shares.

Analyst Ratings Changes

BESIY has been the topic of a number of recent research reports. UBS Group raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Needham & Company LLC cut shares of BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a report on Monday, January 13th.

BE Semiconductor Industries Price Performance

The company has a quick ratio of 6.12, a current ratio of 6.86 and a debt-to-equity ratio of 1.13. The stock has a fifty day simple moving average of $134.65 and a 200 day simple moving average of $126.72.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its quarterly earnings data on Thursday, February 20th. The technology company reported $0.79 EPS for the quarter. The company had revenue of $163.66 million during the quarter. BE Semiconductor Industries had a return on equity of 39.31% and a net margin of 29.92%. Equities research analysts forecast that BE Semiconductor Industries will post 4.56 earnings per share for the current year.

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.