Cohu Inc. (COHU) Plunges 5.44%

Cohu Inc. (COHU) Plunges 5.44%

Cohu Inc. (COHU) had a rough trading day for Thursday November 21 as shares tumbled 5.44%, or a loss of $-0.99 per share, to close at $17.22. After opening the day at $18.07, shares of Cohu Inc. traded as high as $18.07 and as low as $17.14. Volume was 378,883 shares over 3,886 trades, against an average daily volume of n/a shares and a total float of 41.27 million.

As a result of the decline, Cohu Inc. now has a market cap of $710.61 million. In the last year, shares of Cohu Inc. have traded between a range of $20.45 and $11.37, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Cohu Inc is a supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company’s products include Delta MATRiX, Delta Pyramid, Delta Summit, Device Applications, Ismeca NY20, and others. It has two reportable segments, Semiconductor Test and Inspection Equipment (Semiconductor Test & Inspection) and PCB Test Equipment (PCB Test). Most of the firm’s revenue gets derived from Semiconductor Test and Inspection Equipment segment.

Cohu Inc. is based out of Poway, CA and has some 3,500 employees. Its CEO is Luis Muller.

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