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

ASMPT Limited (OTCMKTS:ASMVYGet Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $65.64, but opened at $73.55. ASMPT shares last traded at $72.50, with a volume of 1,262 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded ASMPT from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Read Our Latest Stock Report on ASMPT

ASMPT Price Performance

The company’s fifty day moving average is $59.20 and its two-hundred day moving average is $44.15.

ASMPT Company Profile

(Get Free Report)

ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.

ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.

Featured Stories

Receive News & Ratings for ASMPT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASMPT and related companies with MarketBeat.com's FREE daily email newsletter.