Benchmark Electronics, Inc. (NYSE:BHE)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $27.95 and last traded at $27.90, with a volume of 297663 shares trading hands. The stock had previously closed at $28.65.

Several equities analysts have issued reports on BHE shares. TheStreet upgraded Benchmark Electronics from a “c+” rating to a “b-” rating in a research report on Tuesday, December 26th. Needham & Company LLC downgraded Benchmark Electronics from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and an average target price of $36.67.

The company has a current ratio of 3.60, a quick ratio of 2.66 and a debt-to-equity ratio of 0.14. The firm has a market cap of $1,424.56, a PE ratio of 22.08 and a beta of 0.44.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Ameritas Investment Partners Inc. raised its position in shares of Benchmark Electronics by 8.6% during the second quarter. Ameritas Investment Partners Inc. now owns 4,390 shares of the technology company’s stock worth $142,000 after acquiring an additional 346 shares during the last quarter. Flinton Capital Management LLC raised its position in shares of Benchmark Electronics by 70.7% during the second quarter. Flinton Capital Management LLC now owns 5,746 shares of the technology company’s stock worth $186,000 after acquiring an additional 2,380 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Benchmark Electronics during the third quarter worth $230,000. Amalgamated Bank raised its position in shares of Benchmark Electronics by 1.7% during the second quarter. Amalgamated Bank now owns 6,812 shares of the technology company’s stock worth $220,000 after acquiring an additional 115 shares during the last quarter. Finally, BlueCrest Capital Management Ltd bought a new stake in shares of Benchmark Electronics during the second quarter worth $237,000. Hedge funds and other institutional investors own 92.00% of the company’s stock.

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About Benchmark Electronics

Benchmark Electronics, Inc is a provider of electronic manufacturing services. The Company operates through three segments: the Americas, Asia and Europe. It provides services to original equipment manufacturers of industrial control equipment, including equipment for the aerospace and defense industry; telecommunication equipment; computers and related products for business enterprises; medical devices, and testing and instrumentation products.

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