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

ASM International NV (OTCMKTS:ASMIY) has earned an average recommendation of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has issued a strong buy rating on the company.

A number of equities research analysts have recently commented on ASMIY shares. Jefferies Financial Group cut shares of ASM International from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, February 18th. Citigroup reaffirmed a “buy” rating on shares of ASM International in a research note on Tuesday, January 20th. Barclays reiterated an “overweight” rating on shares of ASM International in a report on Monday, January 26th. BNP Paribas Exane upgraded ASM International to an “outperform” rating in a report on Monday, February 2nd. Finally, Morgan Stanley restated an “overweight” rating on shares of ASM International in a research report on Friday, January 16th.

ASM International Trading Up 0.8%

OTCMKTS:ASMIY opened at $846.83 on Monday. The stock has a 50 day moving average of $768.01 and a two-hundred day moving average of $643.87. ASM International has a 12 month low of $372.61 and a 12 month high of $877.36. The firm has a market cap of $41.57 billion, a P/E ratio of 46.86 and a beta of 1.91.

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.