ASMPT (OTCMKTS:ASMVY) Sets New 12-Month High – Here’s What Happened

ASMPT Limited (OTCMKTS:ASMVY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $64.3465 and last traded at $64.3465, with a volume of 11465 shares trading hands. The stock had previously closed at $63.25.

Analyst Ratings Changes

Separately, Zacks Research raised shares of ASMPT to a “hold” rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, ASMPT currently has an average rating of “Hold”.

ASMPT Price Performance

The business has a 50 day moving average of $45.39 and a 200 day moving average of $37.63.

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.