ASM International NV (OTCMKTS:ASMIY – Get Free Report) shares saw strong trading volume on Friday. Approximately 12,311 shares changed hands during trading, an increase of 7% from the average daily volume of 11,519 shares. The stock last traded at $735.44 and had previously closed at $689.30.
Analyst Ratings Changes
ASMIY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a report on Thursday, July 30th. Zacks Research downgraded shares of ASM International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on ASMIY
ASM International Price Performance
The stock’s fifty day simple moving average is $914.73 and its 200-day simple moving average is $933.61. The firm has a market cap of $35.39 billion, a PE ratio of 30.70 and a beta of 2.05.
ASM International Company Profile
ASM International N.V. is a Netherlands-based semiconductor equipment company that develops and supplies wafer-processing systems used in the production of advanced integrated circuits. Its technologies support key stages of semiconductor manufacturing, including the deposition and formation of thin films on silicon wafers.
The company’s product portfolio includes atomic layer deposition (ALD), epitaxy, chemical vapor deposition (CVD), and related wafer-processing solutions. These systems are used to manufacture logic, memory, and other semiconductor devices, particularly as chipmakers adopt smaller process geometries and increasingly complex three-dimensional structures.
Founded in 1968 by Arthur del Prado, ASM International serves semiconductor manufacturers and research organizations through operations and support networks spanning Europe, North America, and Asia.
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