ASM International (OTCMKTS:ASMIY) Reaches New 52-Week Low – Here’s What Happened

ASM International NV (OTCMKTS:ASMIY)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $443.10 and last traded at $450.17, with a volume of 7129 shares traded. The stock had previously closed at $455.19.

ASM International Stock Performance

The firm has a market cap of $20.79 billion, a price-to-earnings ratio of 35.04 and a beta of 1.72. The business’s 50 day moving average price is $536.18 and its 200 day moving average price is $567.99.

ASM International (OTCMKTS:ASMIY) last posted its earnings results on Tuesday, February 25th. The company reported $5.01 EPS for the quarter, beating analysts’ consensus estimates of $4.14 by $0.87. The firm had revenue of $863.04 million for the quarter, compared to analysts’ expectations of $865.31 million. ASM International had a return on equity of 17.10% and a net margin of 19.98%. Sell-side analysts anticipate that ASM International NV will post 14.46 earnings per share for the current fiscal year.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.