Nova Measuring Instruments Ltd. (NASDAQ:NVMI):
Nova Reports Third Quarter 2017 Results.
The company is now up by 2.32% percent from yesterday’s close.
Nova Measuring Instruments Ltd., launched on May 17, 1993, provides metrology solutions for the semiconductor manufacturing industry. The Company offers in-line Optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems, which are attached directly to wafer fabrication process equipment. Its metrology systems measure various film thickness and composition properties, as well as critical-dimension (CD) variables during various front-end and back-end of line steps in the semiconductor wafer fabrication process. Its product portfolio includes a set of in-situ, integrated and stand-alone metrology platforms suited for dimensional, films and material metrology measurements for process control across multiple semiconductor manufacturing process steps, including lithography, Etch, Chemical Mechanical Planarization (CMP) and deposition..
Shares are trading at $31.26 which is marginally higher than the 50 day moving average of $28.47 and which is significantly above the 200 day moving average of $24.65. The 50 day moving average went up by +9.81% and the 200 day average was up $6.61.
Nova Measuring Instruments Ltd. currently has a P/E ratio of 28.57 and the market cap of the company is 864.50M. As of the latest earnings report the EPS was $1.09 and is expected to be $1.79 for the current year with 27,655,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.39 with next year’s EPS anticipated to be $1.91.
Investors are feeling more bearish on shares of Nova Measuring Instruments Ltd. as indicated by the motion in short interest. The stock had a rise in short interest of 6.62% as of October 13, 2017 from the last reporting period. Short shares grew 9,648 over that timeframe. Days to cover decreased -1.0 to 0.0 and the percentage of shorted shares is 0.01% as of October 13.