Intevac, Inc. (NASDAQ:IVAC – Get Free Report) declared a special dividend on Friday, March 14th, RTT News reports. Investors of record on Monday, March 24th will be given a dividend of 0.052 per share by the electronics maker on Friday, March 28th.
Intevac Price Performance
IVAC remained flat at $4.03 during midday trading on Friday. 447,203 shares of the company’s stock traded hands, compared to its average volume of 393,780. Intevac has a 52-week low of $2.46 and a 52-week high of $4.42. The firm has a fifty day moving average price of $3.71 and a 200-day moving average price of $3.40. The company has a market capitalization of $109.49 million, a P/E ratio of -12.21 and a beta of 0.62.
Analyst Ratings Changes
Separately, StockNews.com started coverage on Intevac in a research report on Thursday. They issued a “sell” rating on the stock.
Intevac Company Profile
Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.
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