A new trading day began on Tuesday, with Camtek Ltd (NASDAQ: CAMT) stock price down -5.62% from the previous day of trading, before settling in for the closing price of $87.61. CAMT’s price has ranged from $47.72 to $140.50 over the past 52 weeks.
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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. Meanwhile, its annual earnings per share averaged 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Camtek Ltd is 38.55%, while institutional ownership is 53.45%.
Camtek Ltd (CAMT) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.51 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
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
Here are Camtek Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.17.
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 0.58 million. That was better 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 80.49%. Additionally, its Average True Range was 4.45.
During the past 100 days, Camtek Ltd’s (CAMT) raw stochastic average was set at 17.01%, which indicates a significant decrease from 56.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.64% in the past 14 days, which was higher than the 66.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $84.93, while its 200-day Moving Average is $90.05. However, in the short run, Camtek Ltd’s stock first resistance to watch stands at $87.03. Second resistance stands at $91.37. The third major resistance level sits at $94.40. If the price goes on to break the first support level at $79.65, it is likely to go to the next support level at $76.62. The third support level lies at $72.28 if the price breaches the second support level.
Camtek Ltd (NASDAQ: CAMT) Key Stats
With a market capitalization of 3.75 billion, the company has a total of 44,902K Shares Outstanding. Currently, annual sales are 315,380 K while annual income is 78,630 K. The company’s previous quarter sales were 102,590 K while its latest quarter income was 27,960 K.
