Market Resilience: Camtek Ltd (CAMT) Finishes Weak at 129.32, Down -5.05

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Camtek Ltd (NASDAQ: CAMT) closed the day trading at $129.32 down -5.05% from the previous closing price of $136.20. In other words, the price has decreased by -$5.05 from its previous closing price. On the day, 0.95 million shares were traded. CAMT stock price reached its highest trading level at $133.52 during the session, while it also had its lowest trading level at $128.07.

Ratios:

For a better understanding of CAMT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.08 and its Current Ratio is at 3.66. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.44.

On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $120.

On April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $100.Evercore ISI initiated its Outperform rating on April 16, 2024, with a $100 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAMT now has a Market Capitalization of 5837932032 and an Enterprise Value of 5657815552. As of this moment, Camtek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 73.28, and their Forward P/E ratio for the next fiscal year is 42.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.17 while its Price-to-Book (P/B) ratio in mrq is 13.16. Its current Enterprise Value per Revenue stands at 16.644 whereas that against EBITDA is 71.926.

Stock Price History:

The Beta on a monthly basis for CAMT is 1.42, which has changed by 2.1610854 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, CAMT has reached a high of $140.50, while it has fallen to a 52-week low of $32.81. The 50-Day Moving Average of the stock is 20.84%, while the 200-Day Moving Average is calculated to be 63.84%.

Shares Statistics:

Over the past 3-months, CAMT traded about 471.05K shares per day on average, while over the past 10 days, CAMT traded about 603070 shares per day. A total of 44.90M shares are outstanding, with a floating share count of 27.66M. Insiders hold about 38.73% of the company’s shares, while institutions hold 51.15% stake in the company. Shares short for CAMT as of 1718323200 were 2935582 with a Short Ratio of 6.00, compared to 1715731200 on 2386829. Therefore, it implies a Short% of Shares Outstanding of 2935582 and a Short% of Float of 10.6000006.

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