Entegris (ENTG) : Traders are bullish on Entegris (ENTG) as it has outperformed the S&P 500 by a wide margin of 1.85% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.01%, 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 0.35% in the last 1 week, and is up 1.64% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.91% and the fifty day Moving Average is 11.09%. Entegris, Inc. is up 21.81% in the last three month period. Year-to-Date the stock performance stands at 30.9%.
Entegris (ENTG) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $19. The average forecast of all the analysts is $19.33 and the expected standard deviation is $0.58.
Entegris (NASDAQ:ENTG): stock turned positive on Friday. Though the stock opened at $17.27, the bulls momentum made the stock top out at $17.54 level for the day. The stock recorded a low of $17.23 and closed the trading day at $17.37, in the green by 0.35%. The total traded volume for the day was 407,367. The stock had closed at $17.31 in the previous days trading.
Entegris, Inc. is a developer, manufacturer and supplier of materials and solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company designs, manufactures and markets its products through two segments: Critical Materials Handling and Electronic Materials. In the Critical Materials Handling segment, the Company offers a range of products that purify, monitor and deliver critical liquids and gases to the semiconductor manufacturing process and similar manufacturing processes, as well as microenvironment products. In the Electronic Materials segment, the Company offers a range of materials and materials delivery systems to support the semiconductor manufacturing processes. The Companys products and materials are used to manufacture semiconductors, micro-electromechanical systems (MEMS), flat panel displays, light emitting diodes (LEDs), chemicals and critical components for aerospace, glass manufacturing and biomedical applications.