Canaccord Genuity reissued their buy rating on shares of Rubicon Technology, Inc. (NASDAQ:RBCN), in a research report released on Friday morning. Canaccord Genuity currently has a $10.00 price objective on the stock, down from their previous price objective of $14.00. Rubicon Technology, Inc. (NASDAQ:RBCN), net profit margin is -79.60% and weekly performance is 12.53%. On last trading day company shares ended up $8.98. Analysts mean target price for the company is $12.22. Rubicon Technology, Inc. (NASDAQ:RBCN), distance from 50-day simple moving average (SMA50) is 0.78%.
BTU International, Inc. (NASDAQ:BTUI), announced it is currently estimating second-quarter revenue to be in the range of $16.0 million to $17.0 million versus the prior estimate of $14.0 million to $15.0 million. The company said bookings during the quarter, primarily in the electronics assembly business, have been stronger and related revenue is expected to be higher than originally forecast. BTU International, Inc. (NASDAQ:BTUI), advanced 10.51% in last trading session and ended the day on $3.05. BTUI, Gross Margin is 31.00% and its return on assets is -26.20%. BTU International, Inc. (NASDAQ:BTUI), quarterly performance is -4.98%.
Research analysts at Stifel Nicolaus initiated coverage on shares of Amtech Systems, Inc. (NASDAQ:ASYS), in a report released on Wednesday. The firm set a “buy” rating and a $14.00 price target on the stock. Stifel Nicolaus’ price target points to a potential upside of 63.93% from the company’s current price. Amtech Systems, Inc. (NASDAQ:ASYS), shares moved up 9.95% in last trading session and was closed at $11.38, while trading in range of $10.23 – 11.45. Amtech Systems, Inc. (NASDAQ:ASYS), year to date (YTD) performance is 63.51%.
Hermes Microvision Inc. of Taiwan, the leading supplier of semiconductor inspection tool and equipment, on June 13, 2014 denied any possibility of its acquisition Applied Materials, Inc. (NASDAQ:AMAT). It was speculated in the media of Taiwan that Hermes Microvision was set to be acquired by AMAT and that too at a discount. The speculations led to dwindling shares of the Taiwan Company. Applied Materials, Inc. (NASDAQ:AMAT), ended the last trading day at $22.49. Company weekly volatility is calculated as 1.94% and price to cash ratio as 10.53. Applied Materials, Inc. (NASDAQ:AMAT), showed a positive weekly performance of 2.74%.
Kulicke and Soffa Industries Inc. (NASDAQ:KLIC), Director Brian R. Bachman sold 10,000 shares of the stock on the open market in a transaction dated Thursday, May 29th. The shares were sold at an average price of $14.21, for a total value of $142,100.00. Following the completion of the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $14,210. Kulicke and Soffa Industries Inc. (NASDAQ:KLIC), net profit margin is 10.90% and weekly performance is 1.91%. On last trading day company shares ended up $14.96. Analysts mean target price for the company is $15.50. Kulicke and Soffa Industries Inc. (NASDAQ:KLIC), distance from 50-day simple moving average (SMA50) is 9.51%.
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