Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Amtech Systems Inc (NASDAQ: ASYS) weakened of late. ASYS' current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Amtech Systems Inc (NASDAQ: ASYS) stock closed at $4.12 on 12/22/23 after a decline of -2.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 219% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
ASYS' future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Amtech Systems has a current Value Trend Rating of D (Negative). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing inconsistent signals. Amtech Systems has a neutral Appreciation Score of 52 but a very low Power Rating of 14, triggering the Negative Value Trend Rating.