ASMPT (OTCMKTS:ASMVY) Trading 2.1% Higher – Time to Buy?

ASMPT Limited (OTCMKTS:ASMVYGet Free Report) traded up 2.1% on Wednesday . The company traded as high as $26.55 and last traded at $26.03. 1,639 shares changed hands during trading, a decline of 87% from the average session volume of 12,836 shares. The stock had previously closed at $25.50.

ASMPT Stock Performance

The stock has a 50-day simple moving average of $23.78 and a two-hundred day simple moving average of $22.68.

ASMPT Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, September 12th. Investors of record on Wednesday, August 13th will be issued a dividend of $0.0845 per share. The ex-dividend date is Tuesday, August 12th. This represents a yield of 71.0%. This is a boost from ASMPT’s previous dividend of $0.01.

About ASMPT

(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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