ASML Holding NV (NASDAQ:ASML) saw strong trading volume on Friday . 764,249 shares were traded during trading, an increase of 16% from the previous session’s volume of 656,853 shares.The stock last traded at $106.17 and had previously closed at $106.47.

Several equities research analysts recently weighed in on the stock. B. Riley reaffirmed a “neutral” rating and set a $113.00 target price on shares of ASML Holding NV in a research note on Thursday, July 21st. Royal Bank Of Canada upped their target price on shares of ASML Holding NV from $103.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 21st. Bank of America Corp. downgraded shares of ASML Holding NV from a “buy” rating to a “neutral” rating and cut their target price for the stock from $112.00 to $99.00 in a research note on Wednesday, August 17th. Summit Redstone reaffirmed a “buy” rating on shares of ASML Holding NV in a research note on Wednesday, July 20th. Finally, RBC Capital Markets reaffirmed a “sector perform” rating and set a $110.00 target price (up from $103.00) on shares of ASML Holding NV in a research note on Friday, July 22nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $95.00.

The company has a market capitalization of $45.06 billion and a price-to-earnings ratio of 30.23. The stock’s 50-day moving average is $106.81 and its 200 day moving average is $98.56.

ASML Holding NV (NASDAQ:ASML) last released its earnings results on Wednesday, July 20th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.04. The company earned $1.74 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the business posted $0.86 earnings per share. ASML Holding NV’s revenue was up 5.2% on a year-over-year basis. On average, equities analysts expect that ASML Holding NV will post $3.58 earnings per share for the current year.

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of advanced semiconductor equipment systems, exclusively consisting of lithography systems. The Company’s products include systems and system related products.

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