ASMPT (OTCMKTS:ASMVY) Reaches New 12-Month High – Here’s What Happened

ASMPT Limited (OTCMKTS:ASMVYGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $83.26 and last traded at $83.26, with a volume of 1169 shares trading hands. The stock had previously closed at $78.14.

Analyst Ratings Changes

Separately, Zacks Research cut ASMPT from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, ASMPT currently has a consensus rating of “Hold”.

Check Out Our Latest Report on ASMPT

ASMPT Price Performance

The company’s 50 day moving average is $68.64 and its 200 day moving average is $48.72.

About ASMPT

(Get Free Report)

ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.

ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.

Further Reading

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