ASM International (OTCMKTS:ASMIY) Share Price Crosses Below 50 Day Moving Average - Time to Sell?

ASM International NV (OTCMKTS:ASMIY - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $491.45 and traded as low as $430.60. ASM International shares last traded at $446.01, with a volume of 3,705 shares trading hands.

ASM International Trading Up 1.0 %

The company has a market cap of $21.90 billion, a price-to-earnings ratio of 36.89 and a beta of 1.72. The firm's 50-day moving average price is $491.45 and its 200 day moving average price is $546.13.

ASM International (OTCMKTS:ASMIY - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $5.01 earnings per share (EPS) 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 the consensus estimate of $865.31 million. Analysts forecast that ASM International NV will post 14.46 earnings per share for the current fiscal year.

About ASM International

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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