Suss MicroTec AG’s Stock Is Buy After Today’s Bullish Options Activity

 Suss MicroTec AG's Stock Is Buy After Today's Bullish Options Activity

In today’s session Suss MicroTec AG (SMH) registered an unusually high (406) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious SMH increase. With 406 contracts traded and 36224 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: SMH161118C00069000 closed last at: $0.6 or 140% up. The stock closed at EUR 7.06 during the last session. It is down 21.93% since April 13, 2016 and is uptrending. It has outperformed by 18.01% the S&P500.

Suess MicroTec AG is a Germany-based firm engaged in the development and marketing of equipment for the production of microstructuring applications. The company has a market cap of 132.21 million EUR. It operates through four divisions: Lithography, Substrate Bonder, Photomasks Equipment and Others. It has a 6.88 P/E ratio. Lithography is involved in the development, production and distribution of the production lines Mask Aligner and Coater.

More notable recent Suss MicroTec AG (ETR:SMH) news were published by: Businesswire.com which released: “SÃœSS MicroTec Receives Large Volume Order for Lithography Projection Scanners” on September 24, 2015, also Reuters.com with their article: “BRIEF-Suess microtec CEO steps down” published on August 16, 2016, Businesswire.com published: “SUSS MicroTec Launches Coat and Develop Solution for Advanced Packaging …” on September 06, 2016. More interesting news about Suss MicroTec AG (ETR:SMH) were released by: Businesswire.com and their article: “Supervisory Board Appoints Dr. Franz Richter as new President and Chief …” published on August 30, 2016 as well as Businesswire.com‘s news article titled: “SUSS MicroTec and NuFlare Technology agree on collaboration” with publication date: January 20, 2015.

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