Shares of ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $39.17, but opened at $43.6950. ASMPT shares last traded at $43.5750, with a volume of 587 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut shares of ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
Check Out Our Latest Analysis on ASMPT
ASMPT Stock Performance
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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