Could Camtek Ltd. (NASDAQ:CAMT) cool soon?

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Shares of Camtek Ltd. (NASDAQ:CAMT) last traded at $5.91. The firm’s performance so far in this year is 79.64%. The 200-day simple moving average is 59.36%. It is considered a key indicator by market analysts and traders for determining the long-term trend. The price mark in a market that coincides with it is recognized as a key support when price moves above the 200-day SMA or resistance when stock price is below this level.

As per recent filings, Camtek Ltd. (NASDAQ:CAMT) has an insider ownership of 62.70%.

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.

Camtek Ltd. (NASDAQ:CAMT) has been storming Wall Street with promising press release. Recently, the firm reported that according to the March 2017 analysis commissioned by RetailMeNot and performed by Forrester Consulting, the firm’s mobile marketing solutions result in a 3-year, risk-adjusted ROI of 4.3x.

The Barchart Technical Opinion rating is a 40% Buy with a Strengthening short term outlook on maintaining the current direction. Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

The Exponential Moving Average is a tool same as a simple moving average, with the only difference being a weighting factor used by EMA that exponentially declines from the recent data point. EMA analysis checks the averages for different period, including short term that is 5 days and 13 days, intermediate term for 20 days and long term of 50 days EMA. The bullish signals are received when they trade above trailing EMAs and below the prevailing price and vice versa. EMA signals include crossovers and EMA convergences The long term and short term EMA’s of 5.70 and 5.21 are lower than the current trading price suggesting a bullish pattern in both short term as well as long term. .

The relative strength index can be marked as a momentum oscillator that is able to read the velocity and magnitude of equity price changes. The current RSI is 55.40 suggesting a bullish price action.

Camtek Ltd. (NASDAQ:CAMT) is all set to post its earnings on Aug 08/b. As per Zack’s analyst ratings, Camtek Ltd. (NASDAQ:CAMT) presently has an average brokerage rating of . On a scale of 1 – 5, a rating of 2 or 1 would indicate a buy, and a 4 or 5 rating would signify a sell while a rating of 3 indicates a hold.

As such, while we consider Camtek Ltd. (NASDAQ:CAMT) represents a convincing growth story exposed to different attractive markets, it would be enticing to see what it brings for long-term investors.

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