ASM International (OTCMKTS:ASMIY) Sets New 1-Year Low – Time to Sell?

ASM International NV (OTCMKTS:ASMIY) hit a new 52-week low on Monday . The company traded as low as $446.01 and last traded at $456.59, with a volume of 5650 shares traded. The stock had previously closed at $498.13.

Analyst Ratings Changes

Separately, BNP Paribas assumed coverage on ASM International in a report on Tuesday, December 3rd. They issued a “neutral” rating and a $561.00 target price for the company.

ASM International Stock Performance

The business’s 50-day simple moving average is $583.21 and its 200 day simple moving average is $587.79. The firm has a market cap of $22.41 billion, a P/E ratio of 37.77 and a beta of 1.67.

ASM International (OTCMKTS:ASMIY) last announced its earnings results on Tuesday, February 25th. The company reported $5.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.14 by $0.87. ASM International had a net margin of 19.98% and a return on equity of 17.10%. The company had revenue of $863.04 million during the quarter, compared to analyst estimates of $865.31 million. As a group, equities research analysts expect that ASM International NV will post 14.46 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 Europe, the United States, and Asia. The company’s products include wafer processing deposition systems for atomic layer deposition (ALD), epitaxy, silicon carbide, plasma enhanced chemical vapor deposition (PECVD), and vertical furnace systems, including low pressure chemical vapor deposition (LPCVD), diffusion, and oxidation products, as well as provides spare parts and support services.