Intevac (NASDAQ:IVAC – Get Free Report) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Tuesday.
Intevac Price Performance
Intevac stock opened at $3.83 on Tuesday. Intevac has a fifty-two week low of $3.07 and a fifty-two week high of $4.57. The firm has a market capitalization of $101.80 million, a price-to-earnings ratio of -10.08 and a beta of 0.82. The company’s 50 day simple moving average is $3.99 and its 200 day simple moving average is $4.00.
Intevac (NASDAQ:IVAC – Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The electronics maker reported ($0.10) EPS for the quarter. Intevac had a negative return on equity of 8.17% and a negative net margin of 19.52%. The business had revenue of $9.63 million for the quarter.
Hedge Funds Weigh In On Intevac
Intevac Company Profile
Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.
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