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Stock Investors Bid Up Shares of Entegris, Up 1.5%

Published on Thu, 06/13/2013 - 14:14
By Adrienne Chilton

Entegris (NASDAQ:ENTG) is a company whose shares are active, trading 1.5% higher to $9.88. The S&P is currently trading 0.6% higher to 1,622 and the Dow Jones Industrial Average is trading 0.5% higher to 15,066.

Entegris Inc. provides materials management products and services to the microelectronics industry on a worldwide basis. The Company provides products such as wafer shippers, wafer transport and process carriers, pods, and work-in-process boxes. Entegris also provides chemical delivery products such as valves, fittings, tubing, pipe, and containers.

Entegris share prices have moved between a 52-week high of $10.58 and a 52-week low of $6.00 and are now trading 65% above that low price at $9.88 per share. The 200-day and 50-day moving averages have moved 0.17% higher and 0.17% higher over the past week, respectively.

Entegris has overhead space with shares priced $9.88, or 16.2% below the average consensus analyst price target of $11.80. The stock should find initial support at its 50-day moving average (MA) of $9.70 and further support at its 200-day MA of $9.19.

By Adrienne Chilton