ASM International NV (OTCMKTS:ASMIY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of ASM International NV (OTCMKTS:ASMIY) have received an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company.

A number of brokerages recently weighed in on ASMIY. BNP Paribas Exane upgraded shares of ASM International to an “outperform” rating in a research note on Monday, February 2nd. Barclays reaffirmed an “overweight” rating on shares of ASM International in a research note on Monday, January 26th. Citigroup reiterated a “buy” rating on shares of ASM International in a report on Tuesday, January 20th. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a report on Friday, January 16th. Finally, Jefferies Financial Group downgraded ASM International from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, January 13th.

ASM International Price Performance

Shares of ASMIY stock opened at $834.29 on Thursday. ASM International has a 12-month low of $372.61 and a 12-month high of $875.64. The firm has a market capitalization of $40.96 billion, a price-to-earnings ratio of 46.17 and a beta of 1.91. The business has a 50 day simple moving average of $704.58 and a 200 day simple moving average of $610.29.

About ASM International

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.