Zacks Research cut shares of ASMPT (OTCMKTS:ASMVY – Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks reports.
ASMPT Stock Performance
ASMVY stock opened at $62.81 on Monday. The firm has a 50 day simple moving average of $61.82 and a 200 day simple moving average of $62.04. ASMPT has a 52 week low of $27.25 and a 52 week high of $93.58.
About ASMPT
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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