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

Shares of ASM International NV (OTCMKTS:ASMIY) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company.

ASMIY has been the topic of a number of research reports. Barclays reissued an “overweight” rating on shares of ASM International in a research note on Thursday, June 11th. Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a research report on Friday, July 17th. Citigroup reiterated a “buy” rating on shares of ASM International in a report on Thursday, April 23rd. Zacks Research raised ASM International from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASM International in a research note on Thursday, July 30th.

ASM International Stock Performance

OTCMKTS ASMIY opened at $943.24 on Thursday. ASM International has a one year low of $463.86 and a one year high of $1,248.72. The company’s 50 day moving average price is $1,046.94 and its 200 day moving average price is $934.34. The firm has a market capitalization of $46.11 billion, a price-to-earnings ratio of 36.99 and a beta of 2.00.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.