Kulicke & Soffa Industries, Inc (NASDAQ:KLIC) shares, rose in value on Friday, May 09, with the stock price up by 0.35% to the previous day’s close as strong demand from buyers drove the stock to $31.83.
Actively observing the price movement in the last trading, the stock closed the session at $31.72. The PE ratio was 88.05 over 12-month period. Referring to stock’s 52-week performance, its high was $53.71, and the low was $26.62. On the whole, KLIC has fluctuated by -0.90% over the past month.
With the market capitalization of Kulicke & Soffa Industries, Inc currently standing at about $1.68 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.81, with its dividend yield at 2.54%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KLIC’s technical picture suggests that short-term indicators denote the stock is a 50% 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 price of KLIC currently trading nearly 1.93% and -4.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.46, while the 7-day volatility ratio is showing 4.19% which for the 30-day chart, stands at 3.81%. Furthermore, Kulicke & Soffa Industries, Inc (KLIC)’s beta value is 1.58, and its average true range (ATR) is 1.47.
A comparison of Kulicke & Soffa Industries, Inc (KLIC) with its peers suggests the former has fared considerably weaker in the market. KLIC showed an intraday change of 0.35% in last session, and over the past year, it shrunk by -33.72%%.
Data on historical trading for Kulicke & Soffa Industries, Inc (NASDAQ:KLIC) indicates that the trading volumes over the past 3 months, they’ve averaged 682.89K. According to company’s latest data on outstanding shares, there are 53.03 million shares outstanding.
Nearly 3.47% of Kulicke & Soffa Industries, Inc’s shares belong to company insiders and institutional investors own 95.13% of the company’s shares. The stock has fallen by -31.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KLIC stock heading into the next quarter.
