Shares of Onto Innovation Inc. (NYSE:ONTO) traded at a new 52-week high today of $91.89. Approximately 83,000 shares have changed hands today, as compared to an average 30-day volume of 203,000 shares.
Over the past year, Onto Innovation Inc. has traded in a range of $34.29 to $91.89 and is now at $90.92, 165% above that low.
Onto Innovation Inc. (NYSE:ONTO) is currently priced 67.0% above its average consensus analyst price target of $29.99.
Onto Innovation designs, develops, and manufactures process control tools and software and lithography systems. Its products are used in the manufacture of semiconductors and other solid-state devices. The company has three reportable segments: systems and software; parts; and services. The segment of systems and software is the largest contributor to the company's total revenue and sales volume. The company mainly operates in the United States, Asia, and Europe, with China and South Korea the largest sources of total revenue.
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