ASMPT Limited (OTCMKTS:ASMVY – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $76.56, but opened at $72.44. ASMPT shares last traded at $72.50, with a volume of 1,141 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research downgraded ASMPT from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Research Report on ASMPT
ASMPT Price Performance
About ASMPT
ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.
ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.
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