Camtek Ltd (NASDAQ: CAMT) on Tuesday, plunged -0.72% from the previous trading day, before settling in for the closing price of $81.93. Within the past 52 weeks, CAMT’s price has moved between $47.72 and $140.50.
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A company in the Technology sector has jumped its sales by 23.08% annually for the last half of the decade. The company achieved an average annual earnings per share of 38.20%. With a float of $27.88 million, this company’s outstanding shares have now reached $44.90 million.
In an organization with 565 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 47.36%, operating margin of 22.62%, and the pretax margin is 28.58%.
Camtek Ltd (CAMT) Insider Updates
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Camtek Ltd is 38.55%, while institutional ownership is 53.82%.
Camtek Ltd (CAMT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 38.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.21% during the next five years compared to 25.47% growth over the previous five years of trading.
Camtek Ltd (NASDAQ: CAMT) Trading Performance Indicators
Camtek Ltd (CAMT) is currently performing well based on its current performance indicators. A quick ratio of 4.29 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.94, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 3.16 in one year’s time.
Technical Analysis of Camtek Ltd (CAMT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.43 million. That was inferior than the volume of 0.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.18%. Additionally, its Average True Range was 4.23.
During the past 100 days, Camtek Ltd’s (CAMT) raw stochastic average was set at 15.07%, which indicates a significant decrease from 51.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.01% in the past 14 days, which was lower than the 64.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.89, while its 200-day Moving Average is $89.71. However, in the short run, Camtek Ltd’s stock first resistance to watch stands at $82.61. Second resistance stands at $83.88. The third major resistance level sits at $85.05. If the price goes on to break the first support level at $80.17, it is likely to go to the next support level at $79.00. Assuming the price breaks the second support level, the third support level stands at $77.73.
Camtek Ltd (NASDAQ: CAMT) Key Stats
Market capitalization of the company is 3.69 billion based on 44,902K outstanding shares. Right now, sales total 315,380 K and income totals 78,630 K. The company made 102,590 K in profit during its latest quarter, and 27,960 K in sales during its previous quarter.
