ASM International NV (OTCMKTS:ASMIY – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 21,227 shares were traded during mid-day trading, an increase of 135% from the previous session’s volume of 9,040 shares.The stock last traded at $1,059.99 and had previously closed at $1,021.73.
Analyst Upgrades and Downgrades
A number of research firms have commented on ASMIY. Zacks Research downgraded shares of ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a research note on Friday. Barclays reissued an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. Finally, Citigroup restated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on ASM International
ASM International Price Performance
ASM International (OTCMKTS:ASMIY – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $5.87 earnings per share for the quarter, beating analysts’ consensus estimates of $4.58 by $1.29. ASM International had a net margin of 31.07% and a return on equity of 20.41%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $944.69 million. As a group, sell-side analysts forecast that ASM International NV will post 26.75 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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