3. As of noon trading, Applied Materials ( AMAT) is down $0.19 (-1.7%) to $10.76 on average volume Thus far, 6.9 million shares of Applied Materials exchanged hands as compared to its average daily volume of 13.1 million shares. The stock has ranged in price between $10.76-$10.98 after having opened the day at $10.92 as compared to the previous trading day's close of $10.95. Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. Applied Materials has a market cap of $14.2 billion and is part of the technology sector. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Applied Materials a buy, 2 analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Applied Materials as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Applied Materials Ratings Report now.