ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $60.76, but opened at $56.8050. ASMPT shares last traded at $56.8050, with a volume of 160 shares.
Wall Street Analyst Weigh In
Separately, Zacks Research cut shares of ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock has an average rating of “Hold”.
Read Our Latest Research Report on ASMVY
ASMPT Trading Down 6.5%
ASMPT Company Profile
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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