ASYS Stock Summary and Trading Ideas (Amtech Systems | NASDAQ:ASYS)

Amtech Systems Inc is a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies, and light-emitting diodes (LEDs). the company has two segments; Semiconductor; it designs, manufactures, sells, and services thermal processing equipment and related controls for use by semiconductor manufacturers, and in electronics, automotive, and other industries; and Material and Substrate - it produces consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.

Amtech Systems trades on the NASDAQ stock market under the symbol ASYS.

As of April 26, 2024, ASYS stock price climbed to $4.92 with 29,159 million shares trading.

ASYS has a beta of 0.07, meaning it tends to be less sensitive to market movements. ASYS has a correlation of 0.00 to the broad based SPY ETF.

ASYS has a market cap of $69.82 million. This is considered a Micro Cap stock.

Last quarter Amtech Systems reported $25 million in Revenue and -$.04 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.22.

In the last 3 years, ASYS stock traded as high as $15.78 and as low as $3.37.

The top ETF exchange traded funds that ASYS belongs to (by Net Assets): VTI, VXF, DFAT, DFAS, IWC.

ASYS stock has underperformed the market in the last year with a return of -43.3%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASYS shares. However, ASYS has outperformed the market in the last 3 month and 2 week periods, returning +11.8% and +3.6%, while SPY returned +4.6% and -0.5%, respectively. This indicates ASYS has been having a stronger performance recently.

ASYS support price is $4.68 and resistance is $4.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASYS stock will trade within this expected range on the day.