ASM International (OTCMKTS:ASMIY) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

ASM International NV (OTCMKTS:ASMIY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $611.09 and traded as low as $538.14. ASM International shares last traded at $555.01, with a volume of 10,099 shares traded.

Wall Street Analyst Weigh In

ASMIY has been the subject of several analyst reports. Rothschild Redb downgraded ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Citigroup reiterated a “buy” rating on shares of ASM International in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a research note on Wednesday, September 24th. Finally, Zacks Research raised ASM International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 23rd. Three research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, ASM International presently has a consensus rating of “Moderate Buy” and a consensus price target of $561.00.

ASM International Trading Down 0.1%

The stock has a 50-day moving average of $611.09 and a two-hundred day moving average of $567.43. The firm has a market cap of $27.25 billion, a price-to-earnings ratio of 30.71 and a beta of 1.96.

ASM International (OTCMKTS:ASMIY) last announced its earnings results on Tuesday, October 28th. The company reported $4.90 EPS for the quarter, topping the consensus estimate of $4.74 by $0.16. ASM International had a net margin of 24.50% and a return on equity of 22.23%. The company had revenue of $932.68 million during the quarter, compared to analysts’ expectations of $814.93 million. ASM International has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts expect that ASM International NV will post 14.46 EPS for the current fiscal year.

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 in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.