Amtech Systems, Inc. (NASDAQ:ASYS) announced the sale of SoLayTec business

Amtech Systems, Inc. (NASDAQ:ASYS) announced the sale of its SoLayTec business as the first step in the previously announced plan to divest substantially all of its solar segment.  Amtech expects to report a gain on the sale this quarter and reduced losses from discontinued operations beginning in the fourth fiscal quarter.


The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a Amtech Systems, Inc. (NASDAQ:ASYS) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. Amtech Systems, Inc. (NASDAQ:ASYS) Diluted EPS is -0.19, whereas the EPS Estimate for next year is 0.35. The Annual EPS Growth of past 5 years is 16.70% and Amtech Systems, Inc. (NASDAQ:ASYS) yearly performance is -13.79% and net profit margin is -10.50%. 

Key Performance indicators for Amtech Systems, Inc. (NASDAQ:ASYS), in last 4 months the performance of ASYS was 3.19% while its price to sale ratio is 0.69 and price to book ratio is 0.92. Company gross margin stands at 35.20% whereas its return on investment (ROI) is 1.70%. 

On 28 June 2019, Amtech Systems, Inc. (NASDAQ:ASYS), a Technology sector firm, traded 86234 shares in last trading session and stock moved up 5.77% with closing price of $5.50 per share. with Amtech Systems, Inc. (NASDAQ:ASYS) traded 86234 shares. The ASYS distance from 20 day simple moving average is -4.22% and distance from 50-Day simple moving average is -9.20%.The relative strength index for stock is 42.27 and Average true range of ASYS is 0.32. 

Analyst’s mean target price for ASYS is $6.75. The Stock value has moved between $4.04 – 7.14 in last one year. ASYS market capitalization is 78.25 with beta of 2.21. Company has 1.76% insider ownership. 

Amtech Systems, Inc. (NASDAQ:ASYS) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 1 of Thomson Reuters analysts, 2 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Buy rating has been given by 0 analysts to the company stock.