ASML Holding N.V. (ASML) : Traders are bullish on ASML Holding N.V. (ASML) as it has outperformed the S&P 500 by a wide margin of 7.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.56%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.61% in the last 1 week, and is up 8.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.07% and the 50-Day Moving Average is 8.21%. ASML Holding N.V. (NASDAQ:ASML): On Fridays trading session , Opening price of the stock was $110.94 with an intraday high of $111.13. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $109.99. However, the stock managed to close at $110.27, a loss of 0.38% for the day. On the previous day, the stock had closed at $110.69. The total traded volume of the day was 540,427 shares.
Institutional Investors own 14.09% of ASML Holding N.V. shares. Also, UBS downgrades its view on ASML Holding N.V. (NASDAQ:ASML) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on July 21, 2016.
ASML Holding NV (ASML) is a holding company based in the Netherlands that develops semiconductor equipment systems. Its products includes lithographic systems, notably: TWINSCAN NXE, a platform for extreme ultraviolet lithography (EUVL); TWINSCAN NXT, a step-and-scan dual-stage immersion lithography platform; TWINSCAN XT, a step-and-scan water-based immersion lithography platform; YieldStar, a metrology tool; PAS 5500, a step-and-scan platform; and Brion, a computational lithography verification platform. In addition, the Company provides customer support. The Companys activities are organized into three main business lines: Deep Ultraviolet (DUV) scanners, Extreme Ultraviolet (EUV) scanners, and Applications; which are supported by business functions, such as research and development (R&D), sales, operations and sourcing. The Company operates 70 offices in 16 countries and operates ASML Netherlands BV, ASML Systems BV, ASML Hong Kong Ltd., ASML US Inc. as wholly owned subsidiaries.