Free Trial

ASMPT (OTCMKTS:ASMVY) Hits New 12-Month High - Here's What Happened

ASMPT logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • New 52-week high: ASMPT's stock reached a 52-week high of $64.3465 in mid-day trading with 11,465 shares traded, up from a prior close of $63.25 (about +1.0%).
  • Analyst view: Zacks Research upgraded ASMPT to a "Hold" on April 8 and MarketBeat shows a consensus rating of "Hold" based on one analyst.
  • Business and trend: ASM Pacific Technology is a Hong Kong–based maker of semiconductor and electronic assembly equipment (SMT placement machines, flip-chip bonders and wafer-level packaging), and its 50-day and 200-day simple moving averages are $43.98 and $37.06, respectively, reflecting a sustained uptrend.
  • MarketBeat previews top five stocks to own in May.

ASMPT Limited (OTCMKTS:ASMVY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $64.3465 and last traded at $64.3465, with a volume of 11465 shares trading hands. The stock had previously closed at $63.25.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded ASMPT to a "hold" rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, ASMPT currently has a consensus rating of "Hold".

Get Our Latest Research Report on ASMPT

ASMPT Stock Up 1.0%

The business has a fifty day simple moving average of $43.98 and a two-hundred day simple moving average of $37.06.

ASMPT Company Profile

(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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in ASMPT Right Now?

Before you consider ASMPT, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASMPT wasn't on the list.

While ASMPT currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines