Shares of ASMPT Limited (OTCMKTS:ASMVY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $43.7030, but opened at $48.25. ASMPT shares last traded at $48.30, with a volume of 151,942 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised ASMPT to a "hold" rating in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, ASMPT currently has an average rating of "Hold".
Check Out Our Latest Research Report on ASMPT
ASMPT Price Performance
The firm has a 50-day moving average of $40.70 and a 200-day moving average of $35.47.
About ASMPT
(
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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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