ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $51.07, but opened at $46.7992. ASMPT shares last traded at $46.9298, with a volume of 2,525 shares changing hands.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has a consensus rating of “Hold”.
Get Our Latest Stock Report on ASMVY
ASMPT Stock Down 7.7%
The firm has a 50 day moving average price of $61.65 and a 200-day moving average price of $64.22.
ASMPT Company Profile
ASMPT Limited, formerly known as ASM Pacific Technology Limited, is a Hong Kong-based supplier of equipment and solutions used in semiconductor and electronics manufacturing. The company serves customers across the semiconductor assembly and packaging, surface-mount technology (SMT), and electronics production industries.
Its Semiconductor Solutions business provides equipment for processes such as die bonding, wire bonding, advanced packaging, and other semiconductor assembly applications.
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