ASMPT (OTCMKTS:ASMVY) Shares Gap Up – What’s Next?

ASMPT Limited (OTCMKTS:ASMVYGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $65.64, but opened at $73.55. ASMPT shares last traded at $72.50, with a volume of 1,262 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of ASMPT from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Check Out Our Latest Report on ASMPT

ASMPT Stock Performance

The firm has a 50 day moving average of $60.36 and a 200-day moving average of $44.71.

ASMPT Company Profile

(Get Free Report)

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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