BE Semiconductor Industries (OTCMKTS:BESIY) Trading Down 11.6% – Should You Sell?

BE Semiconductor Industries NV (OTCMKTS:BESIY)’s stock price traded down 11.6% on Friday . The stock traded as low as $250.0501 and last traded at $250.0501. Approximately 1,326 shares changed hands during trading, a decline of 82% from the average daily volume of 7,524 shares. The stock had previously closed at $282.86.

Analyst Upgrades and Downgrades

A number of research firms recently commented on BESIY. Zacks Research downgraded shares of BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a report on Friday, May 15th. Finally, Morgan Stanley reissued an “overweight” rating on shares of BE Semiconductor Industries in a report on Tuesday, May 19th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, BE Semiconductor Industries currently has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Stock 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 stock has a fifty day moving average of $319.25 and a 200-day moving average of $254.16. The stock has a market cap of $18.85 billion, a PE ratio of 117.65 and a beta of 1.97.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings data on Thursday, April 23rd. The technology company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. The company had revenue of $216.51 million for the quarter, compared to analysts’ expectations of $220.77 million. BE Semiconductor Industries had a net margin of 24.02% and a return on equity of 38.42%. On average, equities analysts forecast that BE Semiconductor Industries NV will post 4.45 EPS for the current year.

About BE Semiconductor Industries

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.