Shares are trading at $27.25 which is marginally over $25.11, the 50 day moving average and which is significantly above the 200 day moving average of $24.02. The 50 day moving average was up $2.14 or +8.51% and the 200 day average went up by +13.47%. Rudolph Technologies, Inc. shares had a trading volume of 3,038 by the end of trading on Tuesday. Overall, volume was down 98.53% under the stocks normal daily volume.
Investors are more bullish on Rudolph Technologies, Inc. recently if you take a look at the motion in short interest. The stock saw a fall in short interest of -21.28% as of the latest report on September 29, 2017. Short interest decreased 138,988 over that timeframe. With short interest at 514,003 and short average daily volume at 264,701, days to cover is 2.0 and the percentage of shorted shares was 0.02% on September 29.
Here are a few substantial investment firms who have updated their positions. Cutler Group LP bolstered its ownership by buying 1,411 shares an increase of 1,585.4% in the quarter. Cutler Group LP claims 1,500 shares valued at $3,000. The value of the position overall is up by 50.0%. Meeder Asset Management Inc divested its position by shedding 96 shares a decrease of 13.7% as of 09/30/2017. Meeder Asset Management Inc now controls 605 shares with a value of $16,000. The total value of its holdings decreased 0.0%.
Capital One, National Association trimmed its holdings by selling 14,597 shares a decrease of 45.9%. Capital One, National Association currently owns 17,195 shares worth $452,000. The total value of its holdings decreased 37.7%. As of quarter end Bowling Portfolio Management LLC had sold a total of 2,665 shares trimming its stake by 4.4%. The value of the company’s investment in Rudolph Technologies, Inc. increased from $1,386,000 to $1,525,000 increasing 10.0% since the last quarter.
Rudolph Technologies, Inc. currently has a P/E ratio of 27.50 and the market cap is 859.47M. In the latest earnings report the EPS was $0.99 and is expected to be $1.17 for the current year with 31,540,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.27 and the next full year EPS is anticipated to be $1.38.
Rudolph Technologies, Inc. (Rudolph), launched on June 13, 1996, is involved in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements. The Company offers Process Control Business, Lithography Business and Integrated Software Solutions. Rudolph markets and sells products to logic, memory, data storage, flat panel, application-specific integrated circuit (ASIC) device and packaging manufacturers. Its products include AMX 6000 Series, Explorer Inspection Platform, MetaPULSE System, Wafer Scanner Inspection System, GateWay Software, Yield Optimizer Software, Firefly Inspection Series, PrecisionWoRx System, ControlWORKS Software, Process Sentinel Software, Genesis Software and RecipeWORKS Software. The Business’s manufacturing activities are conducted in its manufacturing facilities in Bloomington, Minnesota and Wilmington, Massachusetts..