Shares of ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $62.1150, but opened at $63.8580. ASMPT shares last traded at $63.8580, with a volume of 465 shares changing hands.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of ASMPT from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company presently has a consensus rating of “Strong Buy”.
Check Out Our Latest Report on ASMVY
ASMPT Price Performance
About ASMPT
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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