According to analysts, now is the ideal time to buy stocks of Axcelis Technologies, Inc. (NASDAQ:$ACLS). During trading on Tuesday, stock prices surged up 1.43% to $24.90. The company also experienced massive trade volume, with 0.44 million shares trading hands. Dividing that number by the 3-month average volume of 0.4 million, we get a 1.11 relative volume.
ACLS designs manufacture and services ion implants and equipment used to create semiconductor chips. They also supply equipment upgrades, maintenance services, customer training, tools, and spare parts.
As for performance, the stock currently sits -6.13% shy of its 52-week high, and 125.34% above its 52 week low. The total outstanding 31.16 million shares, comes in at a value of $0.76 billion.
The stock currently has a buy rating of 2.20 on the numeric scale of 1-5, with 1 being a ‘Strong Buy’ and 5 being a ‘Strong Sell’. That gives the company an aggregate rating of ‘Buy’ according to most analysts. The rating indicates whether analysts believe a stock is heading for a downward or upward trend and whether consumers should be buying or selling the stock.
ACLS’ ratios are also a net gain;
- A Return on Investment of 6.70%
- A Return on Assets of 9.30%
- A Return on Equity of 13.80%
The ratios compare the total profit to the respective costs in order to determine if the company is making gains on the money and assets they have acquired.
The company also boasts 15.99% and 15.13% on its 20 and 50 day Moving Averages, respectively. The 200 day Moving Average of 32.29% is also very optimistic.
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