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Monday, June 11, 2012

Potentially Oversold Level Reached (NASDAQ: KLIC)

Shares of KLIC fell by 6.82% or $-0.68/share to $9.29. NASDAQ is trading at a price to book ratio of 1.47. The PEG is 0.52 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.0. Thus, the company is not very expensive in terms of its sales. On average, 730942 shares of KLIC exchange hands on a given day and today's volume is recorded at 1191402. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.

Kulicke and Soffa Industries, Inc. (K&S) designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits (IC), high and low powered discrete devices, light-emitting diodes (LEDs), and power modules.