PVA TePla (OTC:TPLKF) Shares Up 6% – Here’s Why

Shares of PVA TePla AG (OTC:TPLKF) shot up 6% during mid-day trading on Friday . The company traded as high as $25.45 and last traded at $25.45. 100 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 1,150 shares. The stock had previously closed at $24.00.

Analyst Upgrades and Downgrades

TPLKF has been the topic of a number of analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of PVA TePla in a research note on Tuesday, October 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of PVA TePla in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, PVA TePla currently has an average rating of “Buy”.

PVA TePla Stock Performance

The business has a 50 day moving average of $27.10 and a 200-day moving average of $25.12.

About PVA TePla

PVA TePla AG, together with its subsidiaries, develops and produces process in areas of semiconductor, metal, electrical/electronics, and optical sectors worldwide. The company operates through Semiconductor Systems and Industrial Systems segments. The Semiconductor Systems segment provides solutions and systems for the semiconductor industry, including crystal growing systems, metrology systems for quality control, and plasma systems for removing surface contamination on wafers. The Industrial Systems segment offers solutions and systems for the production, finishing, and inspection of innovative materials; surface treatment; and cleaning and inspection, as well as monitoring production processes configured primarily for the needs and requirements of other industrial areas, such as the medical, electrical, or tool industries.