BE Semiconductor Industries (OTCMKTS:BESIY) Reaches New 52-Week Low – Time to Sell?

BE Semiconductor Industries (OTCMKTS:BESIY)’s share price hit a new 52-week low on Monday . The company traded as low as $101.01 and last traded at $103.76, with a volume of 6731 shares changing hands. The stock had previously closed at $109.35.

Analyst Ratings Changes

A number of research firms have commented on BESIY. UBS Group raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Needham & Company LLC lowered BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a report on Monday, January 13th.

BE Semiconductor Industries Stock Performance

The business’s fifty day moving average is $119.38 and its 200-day moving average is $124.09. The company has a quick ratio of 6.12, a current ratio of 6.86 and a debt-to-equity ratio of 1.13. The company has a market cap of $7.64 billion, a PE ratio of 42.33 and a beta of 1.76.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its quarterly earnings results on Thursday, February 20th. The technology company reported $0.79 earnings per share for the quarter. The business had revenue of $163.66 million for the quarter. BE Semiconductor Industries had a net margin of 29.92% and a return on equity of 39.31%. As a group, research analysts predict that BE Semiconductor Industries will post 4.56 EPS for the current fiscal year.

BE Semiconductor Industries Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 28th will be given a $2.0024 dividend. This is a boost from BE Semiconductor Industries’s previous dividend of $1.94. The ex-dividend date is Monday, April 28th. BE Semiconductor Industries’s dividend payout ratio is presently 80.32%.

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.