ASM International NV (OTCMKTS:ASMIY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of ASM International NV (OTCMKTS:ASMIY) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company.

ASMIY has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research report on Thursday. Zacks Research raised shares of ASM International from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Finally, Barclays restated an “overweight” rating on shares of ASM International in a report on Thursday, June 11th.

ASM International Stock Down 1.1%

OTCMKTS ASMIY opened at $912.00 on Thursday. ASM International has a 52 week low of $463.86 and a 52 week high of $1,248.72. The business has a 50 day moving average price of $1,050.99 and a 200-day moving average price of $931.58. The company has a market cap of $44.58 billion, a price-to-earnings ratio of 35.76 and a beta of 2.00.

ASM International Company Profile

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.