Camtek Ltd (NASDAQ: CAMT) kicked off on Tuesday, up 7.70% from the previous trading day, before settling in for the closing price of $78.70. Over the past 52 weeks, CAMT has traded in a range of $58.37-$140.50.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 23.08%. While this was happening, its average annual earnings per share was recorded 41.58%. With a float of $27.88 million, this company’s outstanding shares have now reached $44.90 million.
The extent of productivity of a business whose workforce counts for 565 workers is very important to gauge. 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
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Camtek Ltd is 38.55%, while institutional ownership is 51.89%.
Camtek Ltd (CAMT) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.51 earnings per share (EPS), higher than consensus estimate (set at 0.49) by 0.02. 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 41.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.39% during the next five years compared to 25.47% growth over the previous five years of trading.
Camtek Ltd (NASDAQ: CAMT) Trading Performance Indicators
Take a look at Camtek Ltd’s (CAMT) current performance indicators. Last quarter, 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 10.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.00, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.17 in one year’s time.
Technical Analysis of Camtek Ltd (CAMT)
The latest stats from [Camtek Ltd, CAMT] show that its last 5-days average volume of 0.78 million was superior to 0.54 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 63.96%. Additionally, its Average True Range was 4.48.
During the past 100 days, Camtek Ltd’s (CAMT) raw stochastic average was set at 19.98%, which indicates a significant decrease from 69.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.14% in the past 14 days, which was lower than the 67.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.51, while its 200-day Moving Average is $90.67. Now, the first resistance to watch is $89.74. This is followed by the second major resistance level at $94.72. The third major resistance level sits at $99.50. If the price goes on to break the first support level at $79.98, it is likely to go to the next support level at $75.20. Assuming the price breaks the second support level, the third support level stands at $70.22.
Camtek Ltd (NASDAQ: CAMT) Key Stats
The company with the Market Capitalisation of 3.85 billion has total of 45,366K Shares Outstanding. Its annual sales at the moment are 315,380 K in contrast with the sum of 78,630 K annual income. Company’s last quarter sales were recorded 102,590 K and last quarter income was 27,960 K.
