Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) is -5.67% lower on its value in year-to-date trading and has touched a low of $40.20 and a high of $59.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KLIC stock was last observed hovering at around $49.71 in the last trading session, with the day’s gains setting it 1.91%.
Currently trading at $51.62, the stock is 8.39% and 9.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 3.84% at the moment leaves the stock 6.37% off its SMA200. KLIC registered -7.46% loss for a year compared to 6-month loss of 1.12%.
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The stock witnessed a 13.68% gain in the last 1 month and extending the period to 3 months gives it a 7.92%, and is 4.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.37% over the week and 2.55% over the month.
Kulicke & Soffa Industries, Inc. (KLIC) has around 3025 employees, a market worth around $2.86B and $736.50M in sales. Fwd P/E is 22.29. Profit margin for the company is -8.94%. Distance from 52-week low is 28.41% and -13.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.29%).
The EPS is expected to shrink by -91.98% this year
The shares outstanding are 56.31M, and float is at 53.47M with Short Float at 7.95%.
Kulicke & Soffa Industries, Inc. (KLIC) Insider Activity
The most recent transaction is an insider purchase by Kong Peter T M, the company’s Director. SEC filings show that Kong Peter T M bought 1,000 shares of the company’s common stock on May 06 ’24 at a price of $47.51 per share for a total of $47510.0. Following the purchase, the insider now owns 92072.0 shares.
Kulicke & Soffa Industries, Inc. disclosed in a document filed with the SEC on Feb 14 ’24 that Chylak Robert Nestor (Senior Vice President) sold a total of 8,771 shares of the company’s common stock. The trade occurred on Feb 14 ’24 and was made at $48.97 per share for $0.43 million. Following the transaction, the insider now directly holds 24240.0 shares of the KLIC stock.
Still, SEC filings show that on Dec 14 ’23, Wong Lester A (Chief Financial Officer) disposed off 55,000 shares at an average price of $55.51 for $3.05 million. The insider now directly holds 121,702 shares of Kulicke & Soffa Industries, Inc. (KLIC).
