MKS Instruments (MKSI, Financial) experienced a significant stock price increase of 5.04%, reaching $119.37 per share. The trading volume was 231,315 shares with a turnover rate of 0.34% and a volatility of 4.73%. Recent financial reports show the company achieved a revenue of $896 million, a net profit of $62 million, and earnings per share of $0.92. The gross profit stood at $364 million, with a price-to-earnings ratio of 259.22.
In terms of institutional ratings, 64% of the 14 participating institutions recommend buying the stock, while 36% suggest holding. The stock is part of the technology instruments industry, which saw an overall increase of 0.99%. Notable gainers in the industry include Luna Innovations Incorporated and Wrap Technologies.
MKS Instruments specializes in providing instruments and systems for measuring, monitoring, and controlling manufacturing processes, with significant contributions from its vacuum solutions division.
