ASM International NV (OTCMKTS:ASMIY) Stock Rated “Moderate Buy” by Wall Street Analysts

ASM International NV (OTCMKTS:ASMIY) has been assigned an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company.

A number of analysts recently issued reports on the stock. Zacks Research downgraded shares of ASM International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 29th. Deutsche Bank reissued a “buy” rating on shares of ASM International in a report on Thursday, July 30th. Finally, Morgan Stanley restated an “overweight” rating on shares of ASM International in a research report on Friday, July 17th.

ASM International Price Performance

Shares of ASM International stock opened at $800.32 on Friday. ASM International has a 1 year low of $532.31 and a 1 year high of $1,248.72. The firm has a market cap of $39.12 billion, a PE ratio of 31.49 and a beta of 2.05. The stock has a fifty day moving average price of $900.54 and a 200-day moving average price of $932.09.

ASM International Company Profile

ASM International N.V. is a Netherlands-based supplier of semiconductor manufacturing equipment and related services. The company develops and produces wafer-processing systems used in the front-end stages of semiconductor production, when device structures are formed on silicon wafers. Its portfolio includes equipment for atomic layer deposition (ALD), epitaxy, plasma-enhanced deposition and vertical furnace processing. These technologies help semiconductor manufacturers create and modify thin films used in chips for logic, memory and other applications.