KLA-Tencor Corporation (KLAC) has risen sharply, recording gains of 4.43% in the past 4 weeks. However, the stock has corrected -0.46% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.03% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.95% and the 50-Day Moving Average is 3.18%. KLA-Tencor Corporation is up 9.06% in the last 3-month period. Year-to-Date the stock performance stands at 10.89%.
KLA-Tencor Corporation (NASDAQ:KLAC): On Fridays trading session , Opening price of the stock was $77.2 with an intraday high of $77.39. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $75.4599. However, the stock managed to close at $75.71, a loss of 2.25% for the day. On the previous day, the stock had closed at $77.45. The total traded volume of the day was 1,446,336 shares.
KLA-Tencor Corporation is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Companys products are also used in various other industries, including the light emitting diode (LED) and data storage industries, as well as general materials research. KLA-Tencors products and services are used by bare wafer, integrated circuit (IC), lithography reticle and disk manufacturers around the world. These customers turn to the Company for inline wafer and IC defect monitoring, review and classification; reticle defect inspection and metrology; packaging and interconnect inspection; critical dimension (CD) metrology; pattern overlay metrology; film thickness, surface topography and composition measurements; measurement of in-chamber process conditions, wafer shape and stress metrology; computational lithography tools, and overall yield and fab-wide data management and analysis systems.