ASM International (OTCMKTS:ASMIY) Share Price Passes Below 50 Day Moving Average - Should You Sell?

ASM International NV (OTCMKTS:ASMIY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $582.90 and traded as low as $570.66. ASM International shares last traded at $573.05, with a volume of 2,484 shares.

Analyst Ratings Changes

Separately, BNP Paribas assumed coverage on ASM International in a research report on Tuesday, December 3rd. They set a "neutral" rating and a $561.00 price target on the stock.

ASM International Trading Down 1.7 %

The company has a 50 day moving average price of $584.31 and a 200 day moving average price of $599.31. The company has a market capitalization of $27.67 billion, a P/E ratio of 46.61 and a beta of 1.60.

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.