Is It Time To Review Stock News? Axcelis Technologies (NASDAQ:ACLS)

Axcelis Technologies (NASDAQ:ACLS) spotted trading -36.43% off 52-week high price. On the other end, the stock has been noted 14.37% away from the low price over the last 52-weeks. The stock changed 0.19% to recent value of $16. The stock transacted 124328 shares during most recent day however it has an average volume of 229.41K shares. The company has 32.4M of outstanding shares and 32.09M shares were floated in the market.

On Aug.15, 2019, Axcelis Technologies (NASDAQ:ACLS) a leading supplier of enabling ion implantation solutions for the semiconductor industry, declared that Jorge Titinger has joined the Company’s Board of Directors. Mr. Titinger brings to Axcelis over 25 years of experience in the semiconductor equipment and computing industries and a strong track record of accomplishment managing companies at the executive level.

We are very pleased to welcome Jorge Titinger to our board of directors, said Mary G. Puma, president and CEO of Axcelis Technologies. His vast management experience and in-depth knowledge of the semiconductor and electronics industries will be a great asset to our board. We look forward to Jorge’s contributions as we lead Axcelis to the next level of growth.

Most recently, Mr. Titinger served as President and Chief Executive Officer and member of the Board of Directors of Silicon Graphics International Corporation. Prior to this, Mr. Titinger served as President and Chief Executive Officer of Verigy Ltd. Prior to Verigy, Jorge held executive positions at FormFactor, KLA-Tencor Corporation, and Applied Materials Before his 17 year career in the semiconductor equipment industry, he spent 10 years in the computer industry, where he held positions of increasing responsibility at Net Power, Inc, Hewlett-Packard Company, and MIPS Computer Systems Mr. Titinger holds B.S. and M.S. degrees in Electrical Engineering and an M.S. degree in Engineering Management from Stanford University. He currently is a member of the Boards of Directors of Cohu Inc., Hercules Capital, and CalAmp Corporation.

Its earnings per share (EPS) expected to touch remained -60.50% for this year while earning per share for the next 5-years is expected to reach at 20.00%. ACLS has a gross margin of 41.30% and an operating margin of 11.80% while its profit margin remained 9.20% for the last 12 months.

According to the most recent quarter its current ratio was 5.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of 4.37% from the mean of 20 days, 5.13% from mean of 50 days SMA and performed -12.60% from mean of 200 days price. Company’s performance for the week was 2.04%, 6.52% for month and YTD performance remained -10.11%.

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