Pre-Market Technical Pulse on Electronics Stocks -- KEMET, LG Display, Orbotech, and Sanmina
NEW YORK, August 31, 2017 /PRNewswire/ --
If you want a Stock Review on KEM, LPL, ORBK, or SANM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com presents for assessment KEMET Corp. (NYSE: KEM), LG Display Co. Ltd (NYSE: LPL), Orbotech Ltd (NASDAQ: ORBK), and Sanmina Corp. (NASDAQ: SANM). Companies in the Diversified Electronics industry design, develop, and market a variety of electronics components used not just in electronics products (such as computers, cell phones, tablets, etc.), but also in construction (such as lighting fixtures). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
http://dailystocktracker.com/register/
KEMET
Simpsonville, South Carolina headquartered KEMET Corp.'s stock finished Wednesday's session 6.21% higher at $23.08. A total volume of 3.37 million shares was traded, which was above their three months average volume of 1.30 million shares. The Company's shares have surged 35.13% in the past month, 68.22% in the previous three months, and 248.11% since the start of this year. The stock is trading 36.83% above its 50-day moving average and 102.09% above its 200-day moving average. Additionally, shares of KEMET, which together with its subsidiaries, manufactures and sells passive electronic components under the KEMET brand worldwide, have a Relative Strength Index (RSI) of 79.55.
On August 02nd, 2017, KEMET reported preliminary results for the first fiscal quarter ended June 30th, 2017. For the quarter, net sales were $274.0 million; US GAAP net income was $221.4 million; and non-US GAAP adjusted net income was $19.2 million. For Q1 FY18, GAAP gross margin was 28.0%; GAAP EPS was $3.84 per diluted share; and non-GAAP EPS was $0.33 per diluted share. Additionally, cash balance was $225.6 million at June 30th, 2017. KEM complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=KEM
LG Display
On Wednesday, shares in Seoul, South Korea headquartered LG Display Co. Ltd recorded a trading volume of 312,657 shares. The stock ended the session 1.54% higher at $13.84. The Company's shares have advanced 7.70% on an YTD basis. The stock is trading 1.99% above its 200-day moving average. Moreover, shares of LG Display, which manufactures and sells thin-film transistor liquid crystal display and organic light-emitting diode technology-based display panels in the Republic of Korea, the Americas, Europe, Asia, and internationally, have an RSI of 49.00. The complimentary report on LPL can be downloaded at:
http://dailystocktracker.com/registration/?symbol=LPL
Orbotech
Yavne, Israel headquartered Orbotech Ltd's shares closed the day 2.06% higher at $39.17. The stock recorded a trading volume of 278,788 shares. The Company's shares have gained 10.09% in the last month, 8.78% over the previous three months, and 17.24% on an YTD basis. The stock is trading 9.40% and 16.45% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Orbotech, which provides yield-enhancing and process-enabling solutions for the manufacture of printed circuit boards, flat panel displays, and semiconductor devices in China, North America, Europe, Japan, Korea, and internationally, have an RSI of 70.29.
On August 28th, 2017, Orbotech announced a multi-million-dollar agreement with Unimicron Germany GmbH (formerly RUWEL International) for the purchase of the former's direct imaging, automated optical inspection and automated optical shaping PCB production solutions. Unimicron Germany is in the process of rebuilding its inner layer fab as a fully automated Industry 4.0, state-of-the-art facility, and upgrading its Outerlayer and Solder Mask capacity and capabilities. Sign up for your complimentary report on ORBK at:
http://dailystocktracker.com/registration/?symbol=ORBK
Sanmina
Shares in San Jose, California headquartered Sanmina Corp. finished 1.37% higher at $37.00. The stock recorded a trading volume of 459,483 shares. The Company's shares have advanced 0.95% in the last one month and on an YTD basis. The stock is trading below its 200-day moving average by 1.27%. Furthermore, shares of Sanmina, which provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide, have an RSI of 53.97.
On August 09th, 2017, Sanmina announced that David Anderson has been appointed to Executive Vice President and CFO, effective October 02nd, 2017. Mr. Anderson has more than 30 years of financial management and business experience within the Technology and Financial Services sectors. He will succeed Bob Eulau, who has been appointed to CEO, as previously announced on July 06th, 2017. Download the research report for free on SANM at:
http://dailystocktracker.com/registration/?symbol=SANM
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
Share this article