A new trading day began on Monday, with Camtek Ltd (NASDAQ: CAMT) stock price up 7.03% from the previous day of trading, before settling in for the closing price of $82.69. CAMT’s price has ranged from $64.13 to $140.50 over the past 52 weeks.
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Annual sales at Technology sector company grew by 26.65% over the past five years. Meanwhile, its annual earnings per share averaged 42.47%. With a float of $27.88 million, this company’s outstanding shares have now reached $45.39 million.
Let’s look at the performance matrix of the company that is accounted for 565 employees. In terms of profitability, gross margin is 47.8%, operating margin of 23.46%, and the pretax margin is 29.12%.
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 54.68%.
Camtek Ltd (CAMT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 42.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.78% 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 4.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.21, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 3.18 in one year’s time.
Technical Analysis of Camtek Ltd (CAMT)
Camtek Ltd (NASDAQ: CAMT) saw its 5-day average volume 0.27 million, a negative change from its year-to-date volume of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 57.63%. Additionally, its Average True Range was 3.70.
During the past 100 days, Camtek Ltd’s (CAMT) raw stochastic average was set at 59.48%, which indicates a significant decrease from 94.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.59% in the past 14 days, which was lower than the 57.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $78.05, while its 200-day Moving Average is $90.26. Nevertheless, the first resistance level for the watch stands at $89.95 in the near term. At $91.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $93.54. If the price goes on to break the first support level at $86.36, it is likely to go to the next support level at $84.21. The third support level lies at $82.77 if the price breaches the second support level.
Camtek Ltd (NASDAQ: CAMT) Key Stats
With a market capitalization of 4.11 billion, the company has a total of 45,366K Shares Outstanding. Currently, annual sales are 315,380 K while annual income is 78,630 K. The company’s previous quarter sales were 112,340 K while its latest quarter income was 32,740 K.
