ASMPT (OTCMKTS:ASMVY) Shares Gap Down – Here’s What Happened

ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) shares gapped down before the market opened on Thursday. The stock had previously closed at $69.93, but opened at $63.05. ASMPT shares last traded at $63.05, with a volume of 220 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research lowered ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, ASMPT currently has an average rating of “Hold”.

View Our Latest Analysis on ASMPT

ASMPT Price Performance

The firm’s 50-day moving average is $62.66 and its two-hundred day moving average is $63.10.

About ASMPT

(Get Free Report)

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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