ASM International (OTCMKTS:ASMIY) Rating Lowered to Hold at Zacks Research

ASM International (OTCMKTS:ASMIY – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Several other analysts also recently weighed in on ASMIY. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research note on Thursday, July 30th. Finally, Barclays reiterated an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

View Our Latest Analysis on ASMIY

ASM International Stock Performance

Shares of ASM International stock opened at $1,004.67 on Tuesday. ASM International has a 52-week low of $532.31 and a 52-week high of $1,248.72. The stock has a market capitalization of $49.11 billion, a price-to-earnings ratio of 39.40 and a beta of 1.99. The company has a fifty day moving average of $953.72 and a 200-day moving average of $971.84.

About ASM International

(Get Free Report)

ASM International N.V. is a Netherlands-based semiconductor equipment company that develops and supplies wafer-processing technologies used in the manufacture of integrated circuits. Its systems are designed to help semiconductor manufacturers deposit and control thin layers of materials on silicon wafers during the production of advanced logic, memory and other semiconductor devices.

The company is particularly known for its atomic layer deposition (ALD) equipment, which enables highly precise deposition of extremely thin films.

Further Reading

Analyst Recommendations for ASM International (OTCMKTS:ASMIY)

Receive News & Ratings for ASM International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASM International and related companies with MarketBeat.com's FREE daily email newsletter.