NEW YORK (
) -- Shares of
) have taken a tremendous swing upward. The stock is trading at $2.65 as of 9:55 a.m. ET, 21% above Thursday's closing price of $2.19. Volume is at 128,067, 2.9 times the daily average of 43,700.
Camtek has a market cap of $65 million and is part of the
industry. Shares are down 22.9% year to date as of the close of trading on Thursday.
Camtek Ltd. designs, develops, manufactures, and markets automatic optical inspection (AOI) systems and related products in the Asia Pacific, North America, and Europe. The company has a P/E ratio of 6.6, below the average electronics industry P/E ratio of 8.4 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Camtek as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full
for other stocks that are soaring today, or get investment ideas from our
Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting
to 95370 or select from