ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $83.26 and last traded at $83.26, with a volume of 1169 shares changing hands. The stock had previously closed at $78.14.
Analysts Set New Price Targets
Separately, Zacks Research cut ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
View Our Latest Stock Report on ASMVY
ASMPT Stock Performance
ASMPT Company Profile
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.
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