ASM International NV (ASMIY) – What Are Brokerages Thinking About This Stock?

Shares of ASM International NV (OTCMKTS:ASMIY) have been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have assigned a buy recommendation to the company.

Several research firms have recently issued reports on ASMIY. Zacks Research cut shares of ASM International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASM International in a report on Thursday, July 30th. Finally, Morgan Stanley restated an “overweight” rating on shares of ASM International in a research note on Friday, July 17th.

ASM International Price Performance

ASMIY stock opened at $835.95 on Tuesday. The firm has a market capitalization of $40.86 billion, a P/E ratio of 32.78 and a beta of 2.03. The business’s 50-day moving average is $962.60 and its two-hundred day moving average is $989.67. ASM International has a 1 year low of $532.31 and a 1 year high of $1,248.72.

ASM International Company Profile

ASM International N.V. is a Netherlands-based semiconductor equipment company that develops and supplies wafer-processing systems used in the production of advanced integrated circuits. Its technologies support key stages of semiconductor manufacturing, including the deposition and formation of thin films on silicon wafers.

The company’s product portfolio includes atomic layer deposition (ALD), epitaxy, chemical vapor deposition (CVD), and related wafer-processing solutions. These systems are used to manufacture logic, memory, and other semiconductor devices, particularly as chipmakers adopt smaller process geometries and increasingly complex three-dimensional structures.

Founded in 1968 by Arthur del Prado, ASM International serves semiconductor manufacturers and research organizations through operations and support networks spanning Europe, North America, and Asia.