ASMPT Limited (OTCMKTS:ASMVY – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $61.70, but opened at $66.25. ASMPT shares last traded at $66.36, with a volume of 2,123 shares traded.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded ASMPT from a “strong-buy” rating to a “hold” rating in a research report on Monday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.
View Our Latest Research Report on ASMVY
ASMPT Stock Up 8.8%
ASMPT Company Profile
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.
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