On October 4, Kulicke and Soffa Industries, Inc. (NASDAQ:$KLIC) saw their stock price open at $21.99 during day trading. The stock also had a daily high of $22.08 and a daily low of $21.80. At the close, the stock price stood at $21.94. They currently have a 50-day Moving Average of $19.59 and a 200-day Moving Average of $20.57.
On a daily trading volume of 357.47 thousand shares under the average, the stock dropped -0.27%, or -0.06 points. Over the past 3 months, the stock has seen an average trading volume of 546.08 shares. Volume is important to consider given that higher volume means a more active stock and vice versa. Some investors even set limits on their entry and exit points that they will only void in the case of a high volume stock.
Kulicke and Soffa stock currently has a market cap of $1.56 billion. The size of a company’s cap can be a good indicator of the risk when investing in a company. Higher cap stocks tend to be more ‘safe’ and stable, whereas small caps can frequently be risky investments and are prone to market fluctuations.
Analysts have weighed in on the stock and have given it an average price target of $24.32, according to Thomson Reuter. This represents a projected price level for the future of the stock. When the price target is reached, it is a sign that the trader is recognizing the best possible outcome for the investment as an exit point.
Another factor we can look at is price levels. Kulicke and Soffa currently have a 52 week low of $12.64 and a 52 week high of $23.00. These facts are useful for predicting future movement and identifying stock trends.
Featured Image: kns.com
