ASM International (OTCMKTS:ASMIY) Hits New 12-Month Low – Should You Sell?

ASM International NV (OTCMKTS:ASMIY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $443.10 and last traded at $450.17, with a volume of 7129 shares. The stock had previously closed at $455.19.

Wall Street Analyst Weigh In

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

ASM International Price Performance

The company has a market capitalization of $22.10 billion, a P/E ratio of 37.23 and a beta of 1.67. The company has a 50 day moving average of $544.09 and a 200-day moving average of $570.08.

ASM International (OTCMKTS:ASMIY) last released its quarterly earnings data on Tuesday, February 25th. The company reported $5.01 earnings per share for the quarter, topping the consensus estimate of $4.14 by $0.87. ASM International had a return on equity of 17.10% and a net margin of 19.98%. The business had revenue of $863.04 million during the quarter, compared to analysts’ expectations of $865.31 million. Research analysts predict that ASM International NV will post 14.46 EPS for the current fiscal 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.