Shares of Ultra Clean Holdings Inc. (NASDAQ:UCTT) traded up 3.4% during trading on Friday . The company traded as high as $6.03 and last traded at $6.01, with a volume of 147,334 shares changing hands. The stock had previously closed at $5.81.

A number of analysts have recently commented on the company. Zacks Investment Research cut Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, April 27th. Needham & Company LLC restated a “buy” rating and issued a $7.00 price objective on shares of Ultra Clean Holdings in a research report on Friday, July 8th. Finally, Stifel Nicolaus cut Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 8th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $7.60.

The company has a 50 day moving average of $5.74 and a 200 day moving average of $5.33. The stock’s market capitalization is $195.14 million.

Ultra Clean Holdings (NASDAQ:UCTT) last released its quarterly earnings results on Thursday, April 21st. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by $0.12. The company earned $112.20 million during the quarter, compared to analysts’ expectations of $109.86 million. The firm’s revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 EPS. On average, equities analysts predict that Ultra Clean Holdings Inc. will post $0.26 EPS for the current fiscal year.

Other hedge funds recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Ultra Clean Holdings by 17.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,580,500 shares of the company’s stock worth $8,092,000 after buying an additional 231,825 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its stake in Ultra Clean Holdings by 15.9% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 1,340,400 shares of the company’s stock worth $6,863,000 after buying an additional 183,782 shares during the last quarter. Royce & Associates LLC boosted its stake in Ultra Clean Holdings by 2.5% in the fourth quarter. Royce & Associates LLC now owns 1,871,008 shares of the company’s stock worth $9,580,000 after buying an additional 45,000 shares during the last quarter. Finally, LSV Asset Management boosted its stake in Ultra Clean Holdings by 17.0% in the fourth quarter. LSV Asset Management now owns 565,973 shares of the company’s stock worth $2,897,000 after buying an additional 82,250 shares during the last quarter.

Ultra Clean Holdings, Inc is engaged in the design, engineering and manufacture of production tools, modules and subsystems. The Company’s products include precision robotic solutions; gas delivery systems; a range of industrial and automation production equipment products; subsystems that includes wafer cleaning sub-systems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules.

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