ASMPT Limited (OTCMKTS:ASMVY – Get Free Report)’s share price fell 7.7% during trading on Friday. The company traded as low as $61.21 and last traded at $62.55. 578 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 24,409 shares. The stock had previously closed at $67.7352.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded ASMPT from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
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ASMPT Stock Performance
About ASMPT
ASMPT Limited, formerly known as ASM Pacific Technology, is a global supplier of equipment and solutions used in semiconductor manufacturing and electronics assembly. The company serves semiconductor manufacturers, outsourced semiconductor assembly and test providers, and electronics manufacturers across major production markets worldwide.
ASMPT operates through two principal business areas: Semiconductor Solutions and SMT Solutions. Its semiconductor equipment portfolio includes systems for die bonding, wire bonding, flip-chip packaging, molding, singulation and other advanced packaging and assembly processes.
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