ASM International NV (OTCMKTS:ASMIY) Given Average Rating of “Buy” by Brokerages

Shares of ASM International NV (OTCMKTS:ASMIY) have earned an average recommendation of “Buy” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company.

Several research firms have commented on ASMIY. Exane BNP Paribas raised ASM International to an “outperform” rating in a report on Monday. Citigroup reaffirmed a “buy” rating on shares of ASM International in a report on Tuesday, January 20th. Morgan Stanley reissued an “overweight” rating on shares of ASM International in a report on Friday, January 16th. Barclays restated an “overweight” rating on shares of ASM International in a research report on Monday, January 26th. Finally, Jefferies Financial Group cut ASM International from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, January 13th.

ASM International Stock Performance

Shares of ASMIY stock opened at $789.60 on Thursday. The stock’s 50-day moving average is $689.00 and its two-hundred day moving average is $604.58. The firm has a market cap of $38.76 billion, a price-to-earnings ratio of 43.70 and a beta of 1.91. ASM International has a 1 year low of $372.61 and a 1 year high of $875.64.

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.