GT Advanced Technologies, Inc. (GTAT) reported an update on its FY12 earnings guidance on Wednesday morning. GT Advanced presents earnings per share guidance of $1.30-1.40 for the period. GT Advanced Technologies also updated its Q3 guidance to ($0.05)-0.02 EPS.
GT Advanced Technologies Inc., formerly GT Solar International, Inc., through its subsidiaries, is a global provider of polysilicon production technology and multicrystalline ingot growth systems and related photovoltaic manufacturing services for the solar industry, and sapphire growth systems and material for the light emitting diode (LED) and other specialty markets.
GT Advanced Technologies Inc (NASDAQ:GTAT) stock traded at beginning with a price of $6.19 and throughout the trading session climbed at a high of $7.09 and later when day-trade ended the stock finally advanced +5.31% to $6.94.
Shares price of GTAT moved up from its 20 days moving average with +13.49% and remote positively from 50 days moving average with +25.28%. GTAT current year earnings per share experienced an addition with 17.31% while its current quarter performance remained +40.20%.
GTAT had a trade volume of 7,373,400 shares was higher as compared to average trading capacity of 1.12 million shares.
GTAT last month stock price volatility remained 6.80%. In its share capital GTAT has 118.67 million outstanding shares among them 117.99million shares have been floated in market exchange. GTAT stock insider ownership included 0.58%.
The stock is ahead its 52week low with 77.04% and lagging behind from its 52 week high price with -29.83%.
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