Top Gainer of the Day: Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Lloyd Doyle
November 14, 2017

327,022 shares of the company's stock traded hands, compared to its average volume of 341,659. The company has market cap of $1.68 billion. At the time of writing, the stock had reached $27.71.

About 42,982 shares traded. It has underperformed by 3.98% the S&P500. Analysts mean recommendation for the stock is 2.00.

Kulicke and Soffa Industries declared that its board has initiated a share buyback program on Tuesday, August 15th that allows the company to repurchase $100.00 million in outstanding shares.

Top Gainer: China Ceramics Co Ltd (CCCL) stock is leading the market today. Kulicke and Soffa Industries had 7 analyst reports since August 6, 2015 according to SRatingsIntel. (NASDAQ:KLIC) has risen 89.78% since November 13, 2016 and is uptrending. It has outperformed by 73.08% the S&P500.

Heading into the earnings release, covering analysts have a consensus target price of $24.32 on Kulicke and Soffa Industries, Inc. shares. Therefore 75% are positive. BidaskClub upgraded shares of Kulicke and Soffa Industries from a "buy" rating to a "strong-buy" rating in a report on Wednesday, July 19th. That puts the market capitalization at $1.68 bln. The rating was maintained by B. Riley & Co with "Buy" on Thursday, June 29. The firm earned "Hold" rating on Friday, November 18 by Standpoint Research. (NASDAQ:KLIC). Swiss Retail Bank holds 0% of its portfolio in Kulicke and Soffa Industries Inc. "Q4 Earnings Advance 254%" published on November 14, 2017, published: "Kulicke & Soffa to Participate at SEMICON China 2017" on March 10, 2017. Its quick ratio for the most recent quarter is 4.20. (NASDAQ:KLIC) for 116,800 shares.

Investors sentiment increased to 1.63 in 2017 Q2. Its up 0.30, from 1.33 in 2017Q1. Connor Clark Lunn Invest Limited reported 182,650 shares. 39 funds opened positions while 75 raised stakes. Rhumbline Advisers has invested 0% in TrueCar Inc (NASDAQ:TRUE). (NASDAQ:KLIC) to report earnings on November, 21. State Street accumulated 481,001 shares or 0% of the stock. Moreover, Voya Investment Management Ltd Liability Company has 0% invested in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC). According to First Call, the current consensus target price on shares is sitting at $24.32. 50,949 are owned by Raymond James Assocs. Kulicke and Soffa Industries has a 52-week low of $13.08 and a 52-week high of $23.00. (NASDAQ:KLIC). Etrade Capital Management Limited invested in 37,032 shares or 0.03% of the stock. Sector Pension Board stated it has 36,584 shares. (NASDAQ:KLIC) for 14,945 shares. Nationwide Fund Advsrs, Pennsylvania-based fund reported 63,553 shares. 2,231 are held by Manufacturers Life Insurance The.

Taking a look at other technical levels, the 3-day RSI stands at 54.11, the 7-day sits at 61.67 and the 14-day (most common) is at 64.46. 980,700 shares of the stock were exchanged, compared to its average volume of 519,440. Oak Associate Oh reported 27,845 shares or 0.04% of all its holdings.

Investors sentiment decreased to 1.91 in 2017 Q2. Its down 0.59, from 2.5 in 2017Q1. It turned negative, as 82 investors sold NKE shares while 439 reduced holdings. 43 funds opened positions while 47 raised stakes. Parametric Assoc Lc owns 4.31M shares. Susquehanna Intl Llp accumulated 643,403 shares. Acadian Asset Management LLC now owns 1,396,391 shares of the semiconductor company's stock valued at $26,560,000 after purchasing an additional 308,501 shares in the last quarter. Employees Retirement Association Of Colorado invested 0% in Kulicke and Soffa Industries Inc. Foundry Ltd reported 320,701 shares. The Texas-based Hbk Investments LP has invested 0.08% in Nike Inc (NYSE:NKE).

Among 44 analysts covering Nike Inc. Therefore 55% are positive. The company was maintained on Wednesday, May 31 by BMO Capital Markets. Principal Financial Group Inc. now owns 542,191 shares of the semiconductor company's stock worth $11,017,000 after acquiring an additional 19,502 shares during the period. The rating was upgraded by Zacks on Thursday, August 6 to "Sell". They generally move extremely slowly and they only produce big price swings when the company produces good or bad trading results, which may only happen a couple of times a year at best. The firm has "Mkt Perform" rating by FBR Capital given on Friday, September 25. As per Wednesday, March 23, the company rating was maintained by Credit Suisse.

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