BE Semiconductor Industries (OTCMKTS:BESIY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

BE Semiconductor Industries (OTCMKTS:BESIY) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $130.11 and traded as low as $128.48. BE Semiconductor Industries shares last traded at $128.48, with a volume of 1,703 shares.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Needham & Company LLC lowered BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research report on Monday, January 13th. UBS Group raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th.

BE Semiconductor Industries Price Performance

The company has a debt-to-equity ratio of 1.13, a current ratio of 6.86 and a quick ratio of 6.12. The stock’s 50-day moving average is $136.10 and its 200-day moving average is $130.11.

About BE Semiconductor Industries

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.