ASMPT (OTCMKTS:ASMVY) Shares Gap Down – Here’s What Happened

ASMPT Limited (OTCMKTS:ASMVYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $64.74, but opened at $61.2850. ASMPT shares last traded at $61.2850, with a volume of 298 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

View Our Latest Stock Report on ASMPT

ASMPT Trading Down 1.3%

The stock’s fifty day simple moving average is $72.72 and its two-hundred day simple moving average is $54.47.

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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