ASMPT Limited (OTCMKTS:ASMVY – Get Free Report)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $39.17, but opened at $43.6950. ASMPT shares last traded at $43.5750, with a volume of 587 shares changing hands.
Analyst Ratings Changes
Separately, Zacks Research cut shares of ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on ASMPT
ASMPT Trading Up 11.1%
The business’s 50-day simple moving average is $57.96 and its 200-day simple moving average is $56.84.
ASMPT Company Profile
ASMPT Limited, formerly known as ASM Pacific Technology Limited, is a Hong Kong-based supplier of equipment and solutions used in semiconductor and electronics manufacturing. The company serves customers across the semiconductor assembly and packaging, surface-mount technology (SMT), and electronics production industries.
Its Semiconductor Solutions business provides equipment for processes such as die bonding, wire bonding, advanced packaging, and other semiconductor assembly applications.
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