ASM International NV (OTCMKTS:ASMIY) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

ASM International NV (OTCMKTS:ASMIY) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company.

ASMIY has been the topic of several recent research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a report on Thursday, July 30th. Finally, Zacks Research lowered ASM International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th.

ASM International Stock Performance

OTCMKTS ASMIY opened at $834.85 on Tuesday. The firm’s 50 day moving average price is $965.62 and its 200-day moving average price is $987.18. ASM International has a 52-week low of $532.31 and a 52-week high of $1,248.72. The company has a market cap of $40.81 billion, a PE ratio of 32.74 and a beta of 2.03.

About ASM International

ASM International N.V. is a Netherlands-based semiconductor equipment company that develops and supplies wafer-processing technologies used in the manufacture of integrated circuits. Its systems are designed to help semiconductor manufacturers deposit and control thin layers of materials on silicon wafers during the production of advanced logic, memory and other semiconductor devices.

The company is particularly known for its atomic layer deposition (ALD) equipment, which enables highly precise deposition of extremely thin films.