Shares of ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) traded down 12% during mid-day trading on Thursday. The stock traded as low as $53.00 and last traded at $53.00. Approximately 298 shares were traded during trading, a decline of 99% from the average session volume of 23,983 shares. The stock had previously closed at $60.26.
Analyst Upgrades and Downgrades
Separately, Zacks Research cut shares of ASMPT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on ASMVY
ASMPT Price Performance
The stock has a fifty day moving average price of $62.43 and a 200 day moving average price of $63.79.
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.
Featured Articles
- Five stocks we like better than ASMPT
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
- 3 Stocks Delivering Bigger Dividends Despite Market Uncertainty
Receive News & Ratings for ASMPT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASMPT and related companies with MarketBeat.com's FREE daily email newsletter.
