ASMPT (OTCMKTS:ASMVY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday, Zacks reports.
ASMPT Trading Up 3.2%
Shares of ASMVY opened at $62.81 on Monday. ASMPT has a 1 year low of $27.25 and a 1 year high of $93.58. The stock has a 50-day simple moving average of $61.82 and a 200-day simple moving average of $62.04.
ASMPT Company Profile
ASMPT Limited, formerly known as ASM Pacific Technology, is a global supplier of equipment and solutions used in semiconductor manufacturing and electronics assembly. The company serves semiconductor manufacturers, outsourced semiconductor assembly and test providers, and electronics manufacturers across major production markets worldwide.
ASMPT operates through two principal business areas: Semiconductor Solutions and SMT Solutions. Its semiconductor equipment portfolio includes systems for die bonding, wire bonding, flip-chip packaging, molding, singulation and other advanced packaging and assembly processes.
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