ASMPT (OTCMKTS:ASMVY) Cut to “Hold” at Zacks Research

ASMPT (OTCMKTS:ASMVY – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

ASMPT Stock Performance

ASMVY opened at $62.81 on Monday. The company’s 50-day simple moving average is $61.82 and its two-hundred day simple moving average is $62.04. ASMPT has a 52-week low of $27.25 and a 52-week high of $93.58.

About ASMPT

(Get Free Report)

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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