Veeco Instruments Inc (NASDAQ:VECO) shares, rose in value, with the stock price down by -2.13% to the previous day’s close as strong demand from buyers drove the stock to $17.95.
Actively observing the price movement in the last trading, the stock closed the session at $18.34, falling within a range of $17.86 and $18.4. The value of beta (5-year monthly) was 1.118 whereas the PE ratio was 14.60 over 12-month period. Referring to stock’s 52-week performance, its high was $49.25, and the low was $16.92. On the whole, VECO has fluctuated by -17.81% over the past month.
With the market capitalization of Veeco Instruments Inc currently standing at about $1.04 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VECO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.45, with the price of VECO currently trading nearly -8.37% and -16.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.06, while the 7-day volatility ratio is showing 4.78% which for the 30-day chart, stands at 5.62%. Furthermore, Veeco Instruments Inc (VECO)’s beta value is 1.13, and its average true range (ATR) is 1.17.
A comparison of Veeco Instruments Inc (VECO) with its peers suggests the former has fared considerably weaker in the market. VECO showed an intraday change of -2.13% in last session, and over the past year, it shrunk by -50.71%%.
Data on historical trading for Veeco Instruments Inc (NASDAQ:VECO) indicates that the trading volumes over the past 10 days have averaged 0.96 and over the past 3 months, they’ve averaged 795.71K. According to company’s latest data on outstanding shares, there are 56.83 million shares outstanding.
Nearly 2.49% of Veeco Instruments Inc’s shares belong to company insiders and institutional investors own 104.26% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.82 million shares as on 2025-03-31, resulting in a short ratio of 6.05. According to the data, the short interest in Veeco Instruments Inc (VECO) stood at 1189.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 5.43 million. The stock has fallen by -33.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VECO stock heading into the next quarter.
