ASMPT (OTCMKTS:ASMVY) Trading 0.1% Higher – Still a Buy?

ASMPT Limited (OTCMKTS:ASMVYGet Free Report) shot up 0.1% during trading on Tuesday . The company traded as high as $30.02 and last traded at $29.93. 11,831 shares were traded during mid-day trading, an increase of 11% from the average session volume of 10,672 shares. The stock had previously closed at $29.91.

ASMPT Trading Up 0.1%

The firm’s 50 day moving average price is $30.85 and its two-hundred day moving average price is $27.80.

About ASMPT

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ASM Pacific Technology Limited (OTCMKTS:ASMVY) is a Hong Kong–based provider of semiconductor and electronic assembly equipment. The company specializes in designing and manufacturing surface-mount technology (SMT) placement machines, flip-chip bonders and systems for wafer-level packaging. Its solutions are used by electronics manufacturers, semiconductor foundries and outsourced assembly and test (OSAT) providers worldwide.

ASMPT’s product portfolio encompasses high-speed pick-and-place machines, thermal equipment for reflow and curing processes, and advanced deposition tools for etch, physical vapor deposition (PVD), plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD) applications.

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