ASMPT Limited (OTCMKTS:ASMVY – Get Free Report)’s share price gapped down prior to trading on Thursday. The stock had previously closed at $51.07, but opened at $46.7992. ASMPT shares last traded at $46.9298, with a volume of 2,525 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded ASMPT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Read Our Latest Stock Report on ASMPT
ASMPT Price Performance
The business’s 50 day moving average is $61.65 and its 200 day moving average is $64.22.
About ASMPT
ASMPT Limited, formerly known as ASM Pacific Technology Limited, is a Hong Kong-based supplier of equipment and solutions used in semiconductor and electronics manufacturing. The company serves customers across the semiconductor assembly and packaging, surface-mount technology (SMT), and electronics production industries.
Its Semiconductor Solutions business provides equipment for processes such as die bonding, wire bonding, advanced packaging, and other semiconductor assembly applications.
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