Camtek LTD. (CAMT) is Reiterated by Needham to Buy, Raises Price Target to $ 4

Camtek LTD. (CAMT) was Reiterated by Needham to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 4 from a previous price target of $3 . Needham advised their investors in a research report released on Jul 22, 2016.

Camtek LTD. (CAMT) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $2.45 and reached the intraday high at $2.665. The bulls started the profit booking and pushed the shares to intraday low of $2.44. The trading session was marked by a volume range of 4,02,628 shares exchanging hands. The 52-week high of the shares is $3 and the 52-week low is $1.58. The market cap of the company stands at $87 M and there are 3,53,48,176 shares in public circulation.

Camtek Ltd. (Camtek) designs develops manufactures and markets automated solutions for production processes and for the semiconductor fabrication and printed circuit boards industries. The Company offers products-based on two core technologies: AOI and functional ink technology (FIT). The Company’s AOI systems are computerized systems that optically inspect various types of electronic product components. Its AOI systems are used for both production processes and for manufacturers in the semiconductor fabrication industry as well as the printed circuit board industry. Its AOI products incorporate image processing software and algorithms as well as electro-optics and precision mechanics. The Gryphon System’s technology is its main FIT product. The Gryphon System offers customers in the printed circuit board industry a range of products while relying on the existing operational research and development customer support and sales and marketing infrastructure.

Camtek LTD.

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