If you are looking at Photronics and wondering whether the current share price still offers value, the key question is how that price compares with what the business may be worth.
The stock last closed at US$36.25, with returns of 15.4% over 7 days, 5.3% over 30 days, 8.5% year to date, 51.4% over 1 year and 93.4% over 3 years. This naturally raises questions about how much optimism or risk is now reflected in the price.
Recent coverage of Photronics has focused on its position in the semiconductor supply chain and how investor attention on chip related businesses has affected sentiment around the stock. This context helps explain why the share price performance has drawn more interest from investors who are trying to understand…
