Camtek (CAMT) Stock Drops 5% Amid Semiconductor Sector Decline

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Dec 05, 2024
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Camtek Ltd. (CAMT, Financial) experienced a significant stock price drop of 5.04%, trading at $71.86 with a volume of 159,116 shares and a turnover rate of 0.35%. The company's recent financial report showed a revenue of $112 million, net profit of $32.74 million, and earnings per share of $0.71. The gross profit was $55.86 million, with a P/E ratio of 33.00. All eight rating institutions recommend buying the stock.

In the semiconductor industry, where Camtek operates, the overall decline was 0.62%. Notable stocks with high activity include Smartkem, Inc. and ACM Research, Inc., showing significant turnover and price swings. Camtek specializes in semiconductor metrology and inspection equipment, with major revenue from China.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.