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


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ASM International NV (OTCMKTS:ASMIY) has been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company.

ASMIY has been the subject of several recent analyst reports. Credit Suisse Group reaffirmed an “outperform” rating on shares of ASM International in a research report on Monday, March 1st. Barclays reissued an “overweight” rating on shares of ASM International in a report on Monday, March 1st. Morgan Stanley reiterated an “equal weight” rating on shares of ASM International in a research note on Tuesday, March 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research report on Tuesday, March 2nd.

OTCMKTS:ASMIY traded up $0.19 during trading hours on Thursday, reaching $315.30. 448 shares of the company traded hands, compared to its average volume of 723. The business’s 50-day moving average price is $275.25 and its two-hundred day moving average price is $215.64. ASM International has a 1 year low of $104.50 and a 1 year high of $319.33. The stock has a market capitalization of $15.70 billion, a P/E ratio of 45.04 and a beta of 1.40.

About ASM International

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices. The company operates through two segments, Front-end and Back-end. The Front-end segment manufactures and sells equipment used in wafer processing, encompassing the fabrication steps in which silicon wafers are layered with semiconductor devices in Europe, the United States, Japan, South Korea, and Southeast Asia.

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Analyst Recommendations for ASM International (OTCMKTS:ASMIY)

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