Shares of Ultra Clean Holdings Inc. (NASDAQ:UCTT) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $7.25 and last traded at $6.94, with a volume of 103,458 shares traded. The stock had previously closed at $6.68.

Several analysts have issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $7.00 price target on shares of Ultra Clean Holdings in a research report on Friday, July 8th. Zacks Investment Research lowered shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, April 27th. Dougherty & Co upped their price target on shares of Ultra Clean Holdings from $7.50 to $8.50 and gave the stock a “buy” rating in a research report on Friday, July 29th. Finally, Stifel Nicolaus lowered shares of Ultra Clean Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 8th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Ultra Clean Holdings currently has a consensus rating of “Buy” and an average target price of $7.50.

The company’s market cap is $226.32 million. The firm’s 50-day moving average is $6.08 and its 200 day moving average is $5.53.

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, topping the Zacks’ consensus estimate of $0.08 by $0.02. The firm had revenue of $129.83 million for the quarter, compared to analysts’ expectations of $125.16 million. During the same period in the prior year, the firm earned $0.10 earnings per share. Ultra Clean Holdings’s revenue was up 10.5% compared to the same quarter last year. On average, equities research analysts predict that Ultra Clean Holdings Inc. will post $0.33 EPS for the current fiscal year.

A hedge fund recently raised its stake in Ultra Clean Holdings stock. Dimensional Fund Advisors LP boosted its position in Ultra Clean Holdings Inc. (NASDAQ:UCTT) by 17.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,580,500 shares of the company’s stock after buying an additional 231,825 shares during the period. Dimensional Fund Advisors LP owned about 4.94% of Ultra Clean Holdings worth $8,092,000 at the end of the most recent 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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