ASM International (OTCMKTS:ASMIY) Hits New 1-Year High at $515.00

ASM International NV (OTCMKTS:ASMIY)’s share price reached a new 52-week high on Friday . The stock traded as high as $515.00 and last traded at $507.12, with a volume of 6570 shares trading hands. The stock had previously closed at $497.96.

Analyst Ratings Changes

A number of research firms recently commented on ASMIY. Barclays upgraded ASM International from an “underweight” rating to an “equal weight” rating in a report on Wednesday, August 30th. Sanford C. Bernstein cut ASM International from an “outperform” rating to a “market perform” rating in a research report on Friday, July 28th. Finally, UBS Group cut shares of ASM International from a “buy” rating to a “neutral” rating in a research note on Friday, September 15th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, ASM International currently has a consensus rating of “Hold” and an average target price of $378.00.

ASM International Trading Up 1.8 %

The stock has a market capitalization of $25.02 billion, a P/E ratio of 25.85 and a beta of 1.70. The firm’s fifty day moving average is $424.68 and its 200-day moving average is $431.16.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings results on Tuesday, October 24th. The company reported $3.06 earnings per share (EPS) for the quarter. ASM International had a return on equity of 20.56% and a net margin of 32.86%. The business had revenue of $677.26 million during the quarter. Equities research analysts expect that ASM International NV will post 13.12 EPS for the current year.

ASM International Company Profile

ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials used to produce semiconductor devices in the United States, Europe, and Asia. Its products include wafer processing deposition systems for single-wafer atomic layer deposition, plasma enhanced chemical vapor deposition, epitaxy, silicon carbide, vertical furnace systems, and low pressure chemical vapor deposition and diffusion products, as well as provides spare parts and support services.