ASM International NV (OTCMKTS:ASMIY - Get Free Report) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,700 shares, a drop of 26.1% from the January 31st total of 2,300 shares. Based on an average trading volume of 7,900 shares, the short-interest ratio is currently 0.2 days.
Analyst Ratings Changes
Separately, BNP Paribas initiated 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.
Read Our Latest Research Report on ASMIY
ASM International Stock Down 8.1 %
Shares of OTCMKTS ASMIY traded down $42.49 during midday trading on Thursday, hitting $484.36. The company had a trading volume of 9,013 shares, compared to its average volume of 7,100. The business has a 50-day simple moving average of $587.43 and a two-hundred day simple moving average of $591.11. ASM International has a twelve month low of $480.65 and a twelve month high of $813.23. The firm has a market capitalization of $23.78 billion, a price-to-earnings ratio of 40.06 and a beta of 1.67.
ASM International (OTCMKTS:ASMIY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $5.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.14 by $0.87. The company had revenue of $863.04 million during the quarter, compared to the consensus estimate of $865.31 million. ASM International had a net margin of 19.98% and a return on equity of 17.10%. On average, equities analysts forecast that ASM International will post 14.46 EPS for the current year.
About ASM International
(
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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.
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