Shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) traded at a new 52-week high today of $63.69. So far today approximately 156,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
In the past 52 weeks, shares of Kulicke and Soffa Industries Inc. have traded between a low of $20.10 and a high of $63.69 and is now at $62.93, which is 213% above that low price.
Kulicke & Soffa Industries Inc is a United States-based company that is principally engaged in designing, manufacturing, and selling capital equipment and expendable tools that are used for assembling semiconductor devices. The company operates through two core segments: Capital equipment, which produces and sells a series of ball bonders, wafer-level bonders, wedge bonders, APS which produces and offers various expendable tools designed for multiple semiconductor packaging applications. The Capital equipment segment contributes the majority of total revenue. The company generates the majority of its total revenue from the overseas market, mainly in the Asia-Pacific region.
Based on a current price of $62.93, Kulicke and Soffa Industries Inc. is currently 64.9% above its average consensus analyst price target of $22.09.
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