ASMPT (OTCMKTS:ASMVY) Stock Price Down 7.7% – Time to Sell?

ASMPT Limited (OTCMKTS:ASMVY – Get Free Report)’s stock price was down 7.7% during mid-day trading on Friday. The company traded as low as $61.21 and last traded at $62.55. Approximately 578 shares were traded during trading, a decline of 98% from the average session volume of 24,409 shares. The stock had previously closed at $67.7352.

Analyst Ratings Changes

Separately, Zacks Research cut shares of ASMPT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on ASMPT

ASMPT Trading Down 0.7%

The firm’s 50-day moving average is $62.84 and its 200 day moving average is $63.26.

About ASMPT

(Get Free Report)

ASMPT Limited, formerly known as ASM Pacific Technology, is a global supplier of equipment and solutions used in semiconductor manufacturing and electronics assembly. The company serves semiconductor manufacturers, outsourced semiconductor assembly and test providers, and electronics manufacturers across major production markets worldwide.

ASMPT operates through two principal business areas: Semiconductor Solutions and SMT Solutions. Its semiconductor equipment portfolio includes systems for die bonding, wire bonding, flip-chip packaging, molding, singulation and other advanced packaging and assembly processes.

See Also

Receive News & Ratings for ASMPT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASMPT and related companies with MarketBeat.com's FREE daily email newsletter.