Zacks Research upgraded shares of ASMPT (OTCMKTS:ASMVY – Free Report) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks.com reports.
ASMPT Stock Up 6.9%
Shares of ASMVY stock opened at $61.66 on Monday. ASMPT has a one year low of $25.17 and a one year high of $93.58. The stock has a fifty day moving average price of $70.78 and a 200 day moving average price of $55.75.
About ASMPT
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
- Five stocks we like better than ASMPT
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Receive News & Ratings for ASMPT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASMPT and related companies with MarketBeat.com's FREE daily email newsletter.
