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

Shares of ASM International NV (OTCMKTS:ASMIY) have received a consensus rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts have recently commented on ASMIY shares. Barclays reissued an “overweight” rating on shares of ASM International in a research report on Thursday, June 11th. Zacks Research upgraded shares of ASM International from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Morgan Stanley reiterated an “overweight” rating on shares of ASM International in a report on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research report on Thursday, July 30th.

ASM International Stock Performance

OTCMKTS:ASMIY opened at $960.54 on Friday. The company has a market cap of $46.95 billion, a PE ratio of 37.67 and a beta of 1.99. ASM International has a 52-week low of $532.31 and a 52-week high of $1,248.72. The stock has a 50-day simple moving average of $954.84 and a 200 day simple moving average of $966.91.

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.