The price of Kulicke & Soffa Industries, Inc (NASDAQ:KLIC) shares last traded on Wall Street fell -1.12% to $31.90.
KLIC stock price is now -2.14% away from the 50-day moving average and -22.69% away from the 200-day moving average. The market capitalization of the company currently stands at $1.68B.
With the price target reduced from $50 to $36, TD Cowen maintained Hold rating for Kulicke & Soffa Industries, Inc (NASDAQ: KLIC). On November 15, 2024, Needham Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $55, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Chylak Robert Nestor, Senior Vice President sold 11,391 shares of the company’s stock on Dec 09 ’24. The stock was sold for $564,121 at an average price of $49.52. Upon completion of the transaction, the Senior Vice President now directly owns 20,838 shares in the company, valued at $0.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 06 ’24, Director Lim Chin Hu sold 30,000 shares of the business’s stock. A total of $1,443,306 was realized by selling the stock at an average price of $48.11. This leaves the insider owning 59,701 shares of the company worth $1.9 million. A total of 3.47% of the company’s stock is owned by insiders.
During the past 12 months, Kulicke & Soffa Industries, Inc has had a low of $26.62 and a high of $53.71. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 5.18, and a quick ratio of 4.33. The fifty day moving average price for KLIC is $32.5978 and a two-hundred day moving average price translates $41.26265 for the stock.
The latest earnings results from Kulicke & Soffa Industries, Inc (NASDAQ: KLIC) was released for 2025-03-29. The net profit margin was 3.11% and return on equity was 2.29% for KLIC. The company reported revenue of $161.99 million for the quarter, compared to $172.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.86 percent.
