Intevac (NASDAQ:IVAC) Share Price Crosses Above Two Hundred Day Moving Average of $3.74

Intevac, Inc. (NASDAQ:IVACGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.74 and traded as high as $3.88. Intevac shares last traded at $3.81, with a volume of 59,514 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Intevac from a “sell” rating to a “hold” rating in a research report on Monday, February 19th.

Check Out Our Latest Stock Analysis on Intevac

Intevac Trading Up 1.0 %

The stock has a market capitalization of $102.60 million, a PE ratio of -8.23 and a beta of 0.77. The stock’s fifty day simple moving average is $4.13 and its 200-day simple moving average is $3.75.

Intevac (NASDAQ:IVACGet Free Report) last released its earnings results on Monday, February 5th. The electronics maker reported ($0.07) EPS for the quarter. The business had revenue of $12.91 million for the quarter. Intevac had a negative return on equity of 9.31% and a negative net margin of 23.15%.

Institutional Investors Weigh In On Intevac

A number of hedge funds have recently made changes to their positions in the business. GSA Capital Partners LLP bought a new stake in shares of Intevac during the 4th quarter worth $248,000. Potomac Capital Management Inc. raised its stake in shares of Intevac by 52.7% during the 4th quarter. Potomac Capital Management Inc. now owns 397,089 shares of the electronics maker’s stock worth $1,715,000 after purchasing an additional 137,089 shares during the period. Barclays PLC raised its stake in shares of Intevac by 361.0% during the 4th quarter. Barclays PLC now owns 39,522 shares of the electronics maker’s stock worth $170,000 after purchasing an additional 30,948 shares during the period. Vanguard Group Inc. raised its stake in shares of Intevac by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 1,276,108 shares of the electronics maker’s stock worth $5,513,000 after purchasing an additional 55,530 shares during the period. Finally, Palogic Value Management L.P. raised its stake in shares of Intevac by 22.1% during the 4th quarter. Palogic Value Management L.P. now owns 372,457 shares of the electronics maker’s stock worth $1,609,000 after purchasing an additional 67,457 shares during the period. 73.67% of the stock is currently owned by institutional investors.

About Intevac

(Get Free Report)

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.

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