CAMT - Watch for Continued Gains in Shares of Camtek Ltd. (CAMT)
Shares of Camtek Ltd. (NASDAQ:CAMT) traded today at $35.03, eclipsing its 52-week high. This new high was reached on below average trading volume as 134,000 shares traded hands, while the average 30-day volume is approximately 331,000 shares.
In the past 52 weeks, Camtek Ltd. share prices are bracketed by a low of $9.05 and a high of $35.03 and is now at $33.71, 272% above that low price.
Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and a provider of software solutions serving Advanced Packaging, Memory, (complementary metal oxide semiconductor) CMOS Image Sensors, (micro-electro mechanical systems) MEMS, RF and other. Geographically, it derives maximum revenue from the Asia Pacific followed by the United States and Europe. The company products and services include Surface Inspection, Bump Inspection and Metrology and others.
Camtek Ltd. (NASDAQ:CAMT) is currently priced 1.3% above its average consensus analyst price target of $33.26.
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