BE Semiconductor Industries (OTCMKTS:BESIY) Stock Rating Lowered by Needham & Company LLC

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

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

BE Semiconductor Industries Stock Performance

OTCMKTS:BESIY opened at $148.73 on Monday. The firm has a 50-day moving average of $131.15 and a two-hundred day moving average of $132.03. 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 stock has a market cap of $10.78 billion, a P/E ratio of 61.21 and a beta of 1.72. BE Semiconductor Industries has a 1-year low of $105.53 and a 1-year high of $195.34.

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

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.