ASMPT (OTCMKTS:ASMVY) Stock Rating Cut to Hold at Zacks Research
by Amy Steele · The Cerbat GemASMPT (OTCMKTS:ASMVY – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday, Zacks reports.
ASMPT Stock Performance
Shares of ASMVY stock opened at $62.81 on Monday. ASMPT has a 12 month low of $27.25 and a 12 month high of $93.58. The company’s fifty day moving average price is $61.82 and its 200-day moving average price is $62.04.
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.