BE Semiconductor Industries (OTCMKTS:BESIY) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

BE Semiconductor Industries (OTCMKTS:BESIY) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $124.90 and traded as low as $114.92. BE Semiconductor Industries shares last traded at $117.07, with a volume of 3,795 shares.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on BESIY. Needham & Company LLC lowered shares of BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a 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 Stock Up 1.5 %

The stock has a market capitalization of $8.62 billion, a PE ratio of 47.76 and a beta of 1.76. 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 business’s fifty day moving average price is $127.11 and its two-hundred day moving average price is $124.78.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings data on Thursday, February 20th. The technology company reported $0.79 earnings per share for the quarter. The firm 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%. On average, equities research analysts forecast that BE Semiconductor Industries will post 4.56 EPS for the current fiscal year.

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.