NEW YORK, May 10, 2017 /PRNewswire/ --
Companies in the Semiconductor Equipment and Materials industry provide the basis for the manufacturing of semiconductors. They are also vulnerable to the cyclicality of the Semiconductor industry, and more specifically, fluctuations in the capital expenditures of semiconductor manufacturers. Pre-market, Stock-Callers.com assesses four stocks in the Semiconductor Equipment and Materials industry, namely: Cree Inc. (NASDAQ: CREE), Enphase Energy Inc. (NASDAQ: ENPH), ASML Holding N.V. (NASDAQ: ASML), and Ambarella Inc. (NASDAQ: AMBA). Sign up today and download for free the research reports for the stocks covered today at:
Durham, North Carolina headquartered Cree Inc.'s stock finished Tuesday's session 3.52% higher at $22.96. A total volume of 1.74 million shares was traded, which was above their three months average volume of 1.02 million shares. The Company's shares are trading 9.41% below their 50-day moving average. Additionally, shares of Cree, which provides lighting-class light emitting diode, lighting, and semiconductor products for power and radio-frequency applications in the US, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally, have a Relative Strength Index (RSI) of 41.03.
On April 26th, 2017, research firm Williams Capital Group reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $27 a share to $25 a share.
On May 02nd, 2017, Cree announced C-Lite™ LED Lighting by Cree, a portfolio of LED lighting products that offers electrical distributors and contractors a broad range of stock and flow items with the energy efficiency and performance they expect. The new portfolio complements market-leading Cree® and Essentia® by Cree branded lighting products, making available high-performance, Cree-backed products across market segments. CREE complete research report is just a click away at:
On Tuesday, shares in Petaluma, California headquartered Enphase Energy Inc. recorded a trading volume of 615,905 shares. The stock ended the session 1.71% lower at $1.15. The Company's shares have advanced 13.86% on an YTD basis. The stock is trading 12.47% below its 50-day moving average. Moreover, shares of Enphase Energy, which together with its subsidiaries, designs, develops, and sells microinverter systems for residential and commercial markets in the US and internationally, have an RSI of 39.37.
On May 02nd, 2017, Enphase Energy announced the availability of Mobile Connect+, its new 4G cellular solar networking solution. Mobile Connect+ includes a 12-year data plan, allowing customers to connect their Enphase-based home energy systems without the need for a dedicated Internet connection. The complimentary report on ENPH can be downloaded at:
Veldhoven, the Netherlands headquartered ASML Holding N.V.'s shares closed the day 1.27% higher at $134.96. The stock recorded a trading volume of 438,180 shares. The Company's shares have gained 3.90% in the last month, 10.58% over the previous three months, and 21.48% on an YTD basis. The stock is trading 5.45% and 19.07% above its 50-day and 200-day moving averages, respectively. Additionally, shares of ASML Holding, which through its subsidiaries, engages in the design, manufacture, market, and servicing of semiconductor processing equipment used in the fabrication of integrated circuits, have an RSI of 61.66.
On April 20th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $130 a share to $135 a share.
On April 28th, 2017, ASML Holding announced that the Company is filing initial legal claims against Nikon for infringement of more than ten patents related to a broad range of products in the fields of semiconductor manufacturing equipment, flat panel display manufacturing equipment, and digital cameras. This follows Nikon's announcement on April 24th, 2017 that it has sued ASML. The latter categorically denies infringing any of Nikon's patents. Sign up for your complimentary report on ASML at:
Shares in Santa Clara, California headquartered Ambarella Inc. finished 0.96% higher at $57.98. The stock recorded a trading volume of 358,096 shares. The Company's shares have advanced 6.33% in the last one month, 8.11% in the previous three months, and 7.11% on an YTD basis. The stock is trading above its 50-day moving average by 5.16%. Furthermore, shares of Ambarella, which develops semiconductor processing solutions for video that enable high-definition video capture, sharing, and display worldwide, have an RSI of 63.40.
On May 08th, 2017, Ambarella announced that it will hold its Q1 FY18 conference call on Tuesday, June 06th, 2017, at 1:30 p.m. PT. The Company will issue its earnings release after the market closes the same day. A webcast of the conference call will be available at the company's website. Download the research report for free on AMBA at:
Stock Callers (SC) 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. SC 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.
SC 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 firstname.lastname@example.org. 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 SC. SC 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.
SC, 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. SC, 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, SC, 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 SC 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
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:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA