Chart Of The Day - Camtek

The Barchart Chart of the Day belongs to optical instruments maker Camtek (CAMT).

Camtek Ltd., designs, develops, manufactures, and markets automatic optical inspection systems and related products. Camtek's automatic inspection systems are used to enhance both production processes and yield for manufacturers in the printed circuit board industry, the high density interconnect substrate industry and the semiconductor manufacturing and packaging industry.

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Barchart technical indicators:

  • 100% technical buy signals
  • 156.02+ Weighted Alpha
  • 150.70% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 33.09% in the last month
  • Relative Strength Index 88.42%
  • Technical support level at 10.38
  • Recently traded at 10.78 with a 50 day moving average of 8.29

Fundamental factors:

  • Market Cap $373 million
  • P/E 25.65
  • Dividend yield 2.73%
  • Revenue expected to grow 29.30% this year and another 10.80% next year
  • Earnings estimated to increase 92.60% this year, an additional 19.20% next year and continue to compound at an annual rate of 15.00% for the next 5 years
  • Wall Street analysts issued 2 strong buy and 1 buy recommendation on the stock
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