Ultra Clean Holdings Inc. (NASDAQ:UCTT)’s share price was down 1.6% during mid-day trading on Wednesday . The stock traded as low as $6.08 and last traded at $6.11, with a volume of 56,459 shares changing hands. The stock had previously closed at $6.21.

Several equities analysts recently issued reports on UCTT shares. Stifel Nicolaus cut Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 8th. Needham & Company LLC restated a “buy” rating on shares of Ultra Clean Holdings in a research report on Saturday, June 25th. Dougherty & Co boosted their price target on Ultra Clean Holdings from $7.50 to $8.50 and gave the company a “buy” rating in a research report on Friday, July 29th. Finally, Zacks Investment Research cut Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, April 27th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $7.50.

The stock has a 50-day moving average of $5.86 and a 200-day moving average of $5.43. The firm’s market cap is $207.43 million.

Ultra Clean Holdings (NASDAQ:UCTT) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.02. During the same quarter in the previous year, the firm earned $0.10 EPS. The business had revenue of $129.83 million for the quarter, compared to analysts’ expectations of $125.16 million. Ultra Clean Holdings’s revenue was up 10.5% compared to the same quarter last year. On average, equities analysts forecast that Ultra Clean Holdings Inc. will post $0.33 earnings per share for the current fiscal year.

Other institutional investors have bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position 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 shares of 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 valued at $6,863,000 after buying an additional 183,782 shares in the last quarter. Finally, Royce & Associates LLC boosted its stake in shares of Ultra Clean Holdings by 2.5% in the fourth quarter. Royce & Associates LLC now owns 1,871,008 shares of the company’s stock valued at $9,580,000 after buying an additional 45,000 shares in 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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