ASMPT (OTCMKTS:ASMVY) Trading Down 2.3% – Should You Sell?

Shares of ASMPT Limited (OTCMKTS:ASMVYGet Free Report) traded down 2.3% during trading on Friday . The company traded as low as $30.39 and last traded at $30.53. 3,443 shares were traded during mid-day trading, a decline of 71% from the average session volume of 11,784 shares. The stock had previously closed at $31.25.

ASMPT Price Performance

The business’s 50 day simple moving average is $26.97 and its 200 day simple moving average is $23.01.

ASMPT Increases Dividend

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

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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