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DBS Sticks to Their Sell Rating for Micro-Mechanics (Holdings) (MCRNF)

DBS analyst Ling Lee Keng maintained a Sell rating on Micro-Mechanics (Holdings) (MCRNFResearch Report) on January 31 and set a price target of S$2.12.

According to TipRanks, Lee Keng is an analyst with an average return of -6.4% and a 51.85% success rate. Lee Keng covers the Technology sector, focusing on stocks such as Intel, CSE Global, and UMS Holdings.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Micro-Mechanics (Holdings) with a $1.60 average price target.

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The company has a one-year high of $2.73 and a one-year low of $1.64. Currently, Micro-Mechanics (Holdings) has an average volume of 11.42K.

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Micro-Mechanics (Holdings) Ltd designs, manufactures and markets high precision parts and tools used in process-critical applications for the wafer-fabrication and assembly processes of the semiconductor industry. The company’s geographical segment includes Singapore; Malaysia; Philippines; USA and China. It generates maximum revenue from Singapore. The product line of the company consists of die attach, wire-bonding, and encapsulation.

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