Intevac, Inc. (NASDAQ:IVAC – Get Free Report) declared a special dividend on Friday, March 14th, RTT News reports. Stockholders 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 Stock Performance
NASDAQ IVAC opened at $4.03 on Friday. The company’s fifty day simple moving average is $3.72 and its 200-day simple moving average is $3.40. Intevac has a 52 week low of $2.46 and a 52 week high of $4.42. The stock has a market cap of $109.49 million, a P/E ratio of -12.21 and a beta of 0.62.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of Intevac in a research report on Thursday. They set a “sell” rating on the stock.
About Intevac
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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