ASMPT (OTCMKTS:ASMVY) Shares Gap Up – What’s Next?

ASMPT Limited (OTCMKTS:ASMVYGet Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $58.91, but opened at $62.37. ASMPT shares last traded at $62.37, with a volume of 287 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised ASMPT from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, ASMPT has an average rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on ASMVY

ASMPT Stock Up 5.9%

The stock’s fifty day moving average price is $63.06 and its 200-day moving average price is $60.57.

ASMPT Company Profile

(Get Free Report)

ASMPT Limited, formerly known as ASM Pacific Technology, is a global supplier of equipment and solutions used in semiconductor and electronics manufacturing. The company serves semiconductor and electronics manufacturers throughout the production process, helping customers assemble, package, inspect and test increasingly complex electronic components.

Its semiconductor solutions include die bonding, wire bonding, molding, wafer processing and other equipment used in semiconductor assembly and advanced packaging.

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