Shares of Amtech Systems (Nasdaq:ASYS) have taken a tremendous swing upward. The stock is trading at $10.99 as of 2:25 p.m. ET, 20.4% above Friday's closing price of $9.13. Volume is at 306,411, one times the daily average of 306,600.
NEW YORK ( TheStreet) -- Shares of Amtech Systems (Nasdaq: ASYS) have taken a tremendous swing upward. The stock is trading at $10.99 as of 2:25 p.m. ET, 20.4% above Friday's closing price of $9.13. Volume is at 306,411, one times the daily average of 306,600. Amtech Systems has a market cap of $86.4 million and is part of the technology sector and electronics industry. Shares are down 63.7% year to date as of the close of trading on Friday. Amtech Systems, Inc., through its subsidiaries, engages in the design, assembly, sale, and installation of capital equipment and related consumables used in the manufacture of wafers, primarily for the solar and semiconductor industries. The company has a P/E ratio of 3.4, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Amtech Systems as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Amtech Systems Ratings Report. See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center. Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.