ASM International (OTCMKTS:ASMIY) Sees Unusually-High Trading Volume – Here’s Why

ASM International NV (OTCMKTS:ASMIY) saw strong trading volume on Friday . 42,287 shares traded hands during mid-day trading, an increase of 371% from the previous session’s volume of 8,982 shares.The stock last traded at $642.21 and had previously closed at $649.37.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Zacks Research upgraded shares of ASM International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 23rd. Jefferies Financial Group cut shares of ASM International to a “hold” rating in a research note on Thursday, June 26th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASM International in a report on Wednesday, September 24th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, ASM International presently has a consensus rating of “Buy” and an average price target of $561.00.

ASM International Price Performance

The stock has a market cap of $31.44 billion, a P/E ratio of 54.37 and a beta of 1.95. The stock’s 50-day moving average is $517.86 and its two-hundred day moving average is $528.43.

ASM International (OTCMKTS:ASMIY) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $3.99 EPS for the quarter, missing the consensus estimate of $4.75 by ($0.76). ASM International had a return on equity of 20.14% and a net margin of 16.36%.The company had revenue of $979.62 million during the quarter, compared to analysts’ expectations of $966.88 million. ASM International has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts anticipate that ASM International NV will post 14.46 EPS for the current fiscal year.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.