ASMPT (OTCMKTS:ASMVY) Shares Down 2.9% – Time to Sell?

ASMPT Limited (OTCMKTS:ASMVYGet Free Report)’s share price fell 2.9% during mid-day trading on Wednesday . The company traded as low as $21.26 and last traded at $21.26. 3,759 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 13,627 shares. The stock had previously closed at $21.90.

ASMPT Trading Down 2.9%

The firm’s 50-day moving average price is $20.00 and its two-hundred day moving average price is $24.54.

ASMPT Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.0085 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a dividend yield of 1.06%.

ASMPT Company Profile

(Get Free Report)

ASMPT Limited, an investment holding company, engages in the research, design, development, manufacture, and marketing of machine and tools used in the semiconductor and electronics assembly industries. It operates in two segments, Semiconductor Solutions and Surface Mount Technology Solutions. The Semiconductor Solutions segment offers wire and die bonders, encapsulation solutions, test handlers, clip bonders, CIS equipment, TCB and flip chip bonders, mold under fill, panel molding, silver sintering, and laser grooving and dicing.

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