ASM International NV (ASMIY) – What Are Analysts Thinking About This Stock?

ASM International NV (OTCMKTS:ASMIY) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company.

ASMIY has been the topic of a number of recent research reports. Zacks Research lowered ASM International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a report on Thursday, July 30th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a research report on Friday, July 17th.

ASM International Stock Down 4.7%

ASMIY opened at $861.58 on Tuesday. ASM International has a 52 week low of $532.31 and a 52 week high of $1,248.72. The business has a 50 day moving average price of $968.69 and a two-hundred day moving average price of $988.25. The company has a market cap of $42.11 billion, a PE ratio of 41.65 and a beta of 2.03.

About ASM International

ASM International N.V. is a Netherlands-based semiconductor equipment company that develops and supplies wafer-processing technologies used in the manufacture of integrated circuits. Its systems are designed to help semiconductor manufacturers deposit and control thin layers of materials on silicon wafers during the production of advanced logic, memory and other semiconductor devices.

The company is particularly known for its atomic layer deposition (ALD) equipment, which enables highly precise deposition of extremely thin films.