Wall Street PR

Mattson Technology Inc. (NASDAQ:MTSN) shares surged by 11.68%

Boston, MA 06/04/2013 (wallstreetpr) – The share prices of Mattson Technology Inc. (NASDAQ:MTSN) had surged by 11.68 percent to close at $2.20 per share for the end of last trading session on Monday. The shares of the manufacturer of semiconductor wafer processing equipments had been trading in the range of $2.00 to $2.23 per share during the day. The shares of Mattson Technology Inc. (NASDAQ:MTSN) had recently been surging to new peaks of 52 week high prices in the recent few days in which the company had recorded 52 week high price level of $2.25 per share and 52 week low price level of $0.70 per share.

Mattson Technology Inc. (NASDAQ:MTSN) is involved in the design, development, manufacture, installation and global support services related to semiconductor wafer processing equipments. Such equipments are basically used for the fabrication of integrated circuits and Mattson Technology Inc. (NASDAQ:MTSN) also supplies dry strip and rapid thermal processing equipment in the global semiconductor market.

Mattson Technology Inc. (NASDAQ:MTSN) manufactures its equipments and products using technology which delivers advanced processing abilities and productivity for the present and next generation integrated circuits. The company’s design and manufacturing operation facilities are located in Germany, United States and South Korea.

The shares of Mattson Technology Inc. (NASDAQ:MTSN) had been trading in heavy volumes in the recent days, while the average trading volume of the company is at 545,096 shares per day. The company presently holds 58.85 million shares outstanding in the market and the institutional ownership in the company is at 37 percent of its holdings.