ASM International NV (OTCMKTS:ASMIY – Get Free Report) shares shot up 3.9% during trading on Monday . The stock traded as high as $1,037.73 and last traded at $1,018.16. 4,162 shares were traded during trading, a decline of 19% from the average session volume of 5,145 shares. The stock had previously closed at $979.86.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on ASMIY. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 25th. Jefferies Financial Group cut ASM International from a “moderate sell” rating to a “strong sell” rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. Finally, Citigroup reissued a “buy” rating on shares of ASM International in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
View Our Latest Analysis on ASM International
ASM International Trading Up 3.9%
ASM International (OTCMKTS:ASMIY – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $5.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.58 by $1.29. ASM International had a return on equity of 20.41% and a net margin of 31.07%.The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $944.69 million. On average, research analysts anticipate that ASM International NV will post 26.12 EPS for the current fiscal year.
About ASM International
ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.
ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.
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