ASMPT (OTCMKTS:ASMVY) Shares Gap Down – Should You Sell?

Shares of ASMPT Limited (OTCMKTS:ASMVY – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $43.4212, but opened at $38.80. ASMPT shares last traded at $37.9450, with a volume of 8,313 shares.

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on ASMVY

ASMPT Price Performance

The company’s fifty day moving average price is $57.56 and its 200 day moving average price is $56.88.

About ASMPT

(Get Free Report)

ASMPT Limited, formerly known as ASM Pacific Technology Limited, is a Hong Kong-based supplier of equipment and solutions used in semiconductor and electronics manufacturing. The company serves customers across the semiconductor assembly and packaging, surface-mount technology (SMT), and electronics production industries.

Its Semiconductor Solutions business provides equipment for processes such as die bonding, wire bonding, advanced packaging, and other semiconductor assembly applications.

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