ASM International (OTCMKTS:ASMIY) Sees Large Volume Increase – What’s Next?

ASM International NV (OTCMKTS:ASMIY – Get Free Report) saw unusually-strong trading volume on Thursday. Approximately 25,407 shares were traded during trading, an increase of 131% from the previous session’s volume of 11,020 shares. The stock last traded at $1,008.12 and had previously closed at $1,007.45.

Wall Street Analyst Weigh In

ASMIY has been the subject of several recent analyst reports. Barclays reissued an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a research note on Thursday, July 30th. Zacks Research lowered ASM International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th. Finally, Morgan Stanley restated an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on ASMIY

ASM International Stock Down 0.2%

The company has a market capitalization of $49.13 billion, a PE ratio of 39.42 and a beta of 2.03. The stock’s fifty day moving average price is $967.41 and its two-hundred day moving average price is $981.16.

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.

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