ASMPT (OTCMKTS:ASMVY) Shares Gap Up – Time to Buy?
by Teresa Graham · The Cerbat GemASMPT Limited (OTCMKTS:ASMVY – Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $71.22, but opened at $76.03. ASMPT shares last traded at $76.00, with a volume of 1,044 shares traded.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded ASMPT from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on ASMVY
ASMPT Stock Performance
The firm’s 50 day moving average price is $72.18 and its two-hundred day moving average price is $51.53.
ASMPT Company Profile
ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.
ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.