BE Semiconductor Industries (OTCMKTS:BESIY) Cut to “Hold” at Needham & Company LLC

Needham & Company LLC lowered shares of BE Semiconductor Industries (OTCMKTS:BESIY) from a moderate buy rating to a hold rating in a report released on Monday,Zacks.com reports.

Separately, UBS Group upgraded shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th.

BE Semiconductor Industries Trading Up 3.8 %

Shares of OTCMKTS:BESIY opened at $148.73 on Monday. The company has a market cap of $10.78 billion, a PE ratio of 61.21 and a beta of 1.72. The company’s 50-day moving average price is $131.15 and its 200 day moving average price is $132.03. BE Semiconductor Industries has a fifty-two week low of $105.53 and a fifty-two week high of $195.34. The company has a quick ratio of 6.12, a current ratio of 6.86 and a debt-to-equity ratio of 1.13.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its quarterly earnings data on Thursday, October 24th. The technology company reported $0.65 earnings per share for the quarter. The firm had revenue of $172.08 million for the quarter. BE Semiconductor Industries had a net margin of 28.93% and a return on equity of 39.36%.

BE Semiconductor Industries Company Profile

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.