ASM International NV (OTCMKTS:ASMIY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of ASM International NV (OTCMKTS:ASMIY) have earned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.

A number of brokerages have recently commented on ASMIY. Zacks Research upgraded ASM International from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research report on Thursday, July 30th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a report on Friday, July 17th. Finally, Barclays reissued an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th.

ASM International Stock Performance

ASMIY opened at $945.06 on Monday. The company has a market cap of $46.19 billion, a P/E ratio of 37.06 and a beta of 2.00. The company’s 50 day moving average is $1,010.16 and its 200-day moving average is $953.13. ASM International has a 1-year low of $463.86 and a 1-year high of $1,248.72.

About ASM International

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.