ASMPT (OTCMKTS:ASMVY) Shares Gap Up – Time to Buy?

ASMPT Limited (OTCMKTS:ASMVYGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $62.1150, but opened at $63.8580. ASMPT shares last traded at $63.8580, with a volume of 465 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research raised ASMPT from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Get Our Latest Stock Report on ASMVY

ASMPT Stock Performance

The business’s 50-day moving average price is $63.65 and its 200 day moving average price is $60.22.

ASMPT Company Profile

(Get Free Report)

ASMPT Limited, formerly known as ASM Pacific Technology, is a global supplier of equipment and solutions used in semiconductor and electronics manufacturing. The company serves semiconductor and electronics manufacturers throughout the production process, helping customers assemble, package, inspect and test increasingly complex electronic components.

Its semiconductor solutions include die bonding, wire bonding, molding, wafer processing and other equipment used in semiconductor assembly and advanced packaging.

Further Reading

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