BE Semiconductor Industries (OTCMKTS:BESIY) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

BE Semiconductor Industries (OTCMKTS:BESIY)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $124.90 and traded as low as $114.92. BE Semiconductor Industries shares last traded at $117.07, with a volume of 3,795 shares traded.

Analyst Upgrades and Downgrades

BESIY has been the subject of a number of analyst reports. Needham & Company LLC downgraded shares of BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research report on Monday, January 13th. 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 Stock Performance

The company has a current ratio of 6.86, a quick ratio of 6.12 and a debt-to-equity ratio of 1.13. The firm’s 50-day moving average is $127.11 and its two-hundred day moving average is $124.78. The stock has a market cap of $8.62 billion, a price-to-earnings ratio of 47.76 and a beta of 1.76.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its quarterly earnings results on Thursday, February 20th. The technology company reported $0.79 earnings per share for the quarter. BE Semiconductor Industries had a net margin of 29.92% and a return on equity of 39.31%. The firm had revenue of $163.66 million during the quarter. As a group, sell-side analysts expect that BE Semiconductor Industries will post 4.56 earnings per share for the current year.

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.