ASM International (OTCMKTS:ASMIY) Share Price Crosses Below 50 Day Moving Average - Should You Sell?

ASM International NV (OTCMKTS:ASMIY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $491.45 and traded as low as $430.60. ASM International shares last traded at $446.01, with a volume of 3,705 shares trading hands.

ASM International Trading Up 3.1 %

The firm has a 50-day moving average of $484.03 and a 200 day moving average of $542.06. The company has a market cap of $24.16 billion, a P/E ratio of 40.70 and a beta of 1.72.

ASM International (OTCMKTS:ASMIY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $5.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.14 by $0.87. The firm had revenue of $863.04 million for the quarter, compared to analysts' expectations of $865.31 million. ASM International had a return on equity of 17.10% and a net margin of 19.98%. On average, equities analysts predict that ASM International NV will post 14.46 EPS for the current year.

About ASM International

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company's products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.