ASM International NV (OTCMKTS:ASMIY) Receives Consensus Rating of “Moderate Buy” from Brokerages

ASM International NV (OTCMKTS:ASMIY) has been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company.

A number of brokerages have weighed in on ASMIY. Barclays reissued an “overweight” rating on shares of ASM International in a report on Monday, January 26th. Citigroup restated a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Jefferies Financial Group lowered ASM International from a “hold” rating to a “moderate sell” rating in a report on Tuesday, January 13th. BNP Paribas Exane upgraded ASM International to an “outperform” rating in a research report on Monday, February 2nd. Finally, Rothschild & Co Redburn cut ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th.

ASM International Stock Up 0.0%

Shares of ASMIY stock traded up $0.24 during trading hours on Thursday, reaching $817.34. 527 shares of the company’s stock were exchanged, compared to its average volume of 15,779. ASM International has a fifty-two week low of $372.61 and a fifty-two week high of $875.64. The stock has a market capitalization of $40.12 billion, a P/E ratio of 45.23 and a beta of 1.91. The business has a fifty day moving average price of $714.73 and a 200-day moving average price of $614.06.

About ASM International

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.