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

ASM International NV (OTCMKTS:ASMIY) has been given a consensus rating of “Moderate Buy” by the eight analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.

ASMIY has been the topic of several research analyst reports. Barclays reissued an “overweight” rating on shares of ASM International in a report on Thursday, June 11th. Zacks Research upgraded shares of ASM International from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASM International in a research note on Thursday, July 30th. Finally, Morgan Stanley reissued an “overweight” rating on shares of ASM International in a report on Friday, July 17th.

ASM International Price Performance

Shares of ASMIY opened at $908.50 on Friday. ASM International has a 1 year low of $532.31 and a 1 year high of $1,248.72. The company has a 50 day simple moving average of $961.68 and a two-hundred day simple moving average of $962.15. The firm has a market cap of $44.41 billion, a P/E ratio of 35.63 and a beta of 1.99.

About ASM International

ASM International N.V. is a Netherlands-based semiconductor equipment company that develops and manufactures wafer-processing systems used in the production of advanced integrated circuits. Its equipment is installed in semiconductor fabrication facilities operated by chip manufacturers around the world.

The company’s product portfolio focuses on deposition technologies, including atomic layer deposition (ALD), epitaxy, chemical vapor deposition (CVD) and related processes. These systems help manufacturers deposit extremely thin and precisely controlled layers of materials onto silicon wafers for applications such as logic, memory and other advanced semiconductor devices.

Founded in 1968 by Arthur del Prado, ASM International has played a significant role in the development and commercialization of wafer-processing technologies, particularly ALD.