Camtek LTD. (NASDAQ:CAMT) shares saw unusually-strong trading volume on Tuesday . Approximately 1,020,248 shares traded hands during mid-day trading, an increase of 346% from the previous session’s volume of 228,941 shares.The stock last traded at $6.64 and had previously closed at $6.07.
A number of equities research analysts have recently commented on CAMT shares. TheStreet upgraded shares of Camtek from a “c” rating to a “b” rating in a research report on Thursday, November 9th. Needham & Company LLC upgraded shares of Camtek from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a research report on Tuesday, October 3rd. B. Riley increased their target price on shares of Camtek from $7.00 to $7.50 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Zacks Investment Research upgraded shares of Camtek from a “hold” rating to a “buy” rating and set a $5.50 target price for the company in a research report on Thursday, September 21st. Finally, ValuEngine cut shares of Camtek from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $6.67.
The firm has a market cap of $229.15, a PE ratio of -333.00 and a beta of 0.99.
Camtek Ltd is an Israel-based manufacturer of metrology and inspection equipment and a provider of software solutions. The Company mainly serves the Advanced Packaging, Memory, Complementary Metal Oxide Semiconductor (CMOS) Image Sensors, Micro Electro Mechanical Sensor (MEMS), Radio Frequency (RF) and other segments in the mid end of the semiconductors industry.
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