Veeco Instruments traded at $56.96 this Wednesday July 15th, decreasing $1.06 or 1.83 percent since the previous trading session. Looking back, over the last four weeks, Veeco Instruments lost 24.26 percent. Over the last 12 months, its price rose by 176.10 percent. Looking ahead, we forecast Veeco Instruments to be priced at 56.20 by the end of this quarter and at 52.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
Veeco Instruments Inc. is engaged in the development, manufacture, sales, and support of semiconductor and thin film process equipment primarily sold to make electronic devices. The Company covers a range of markets, which include Semiconductor, photonics, communications and data storage, and sensors, scientific and power markets. The Company’s products and technologies include Laser Processing Systems, Ion Beam Systems, MOCVD Systems, Lithography Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems and Gas & Vapor Delivery Systems. The Company provides service and support on a warranty, service contract, and an individual service-call basis in the United States, Europe, and the Asia-Pacific region.