ASM International NV (OTCMKTS:ASMIY) Short Interest Update

ASM International NV (OTCMKTS:ASMIY) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,200 shares, a growth of 100.0% from the October 15th total of 600 shares. Based on an average daily volume of 10,000 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Berenberg Bank raised shares of ASM International to a “strong-buy” rating in a research report on Wednesday, October 2nd. Citigroup upgraded ASM International to a “strong-buy” rating in a research note on Wednesday, October 2nd.

ASM International Stock Performance

Shares of ASM International stock opened at $546.85 on Thursday. The business has a 50-day simple moving average of $600.39 and a 200-day simple moving average of $665.73. The company has a market cap of $26.97 billion, a PE ratio of 45.23 and a beta of 1.66. ASM International has a one year low of $465.65 and a one year high of $813.23.

ASM International (OTCMKTS:ASMIY) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $2.98 EPS for the quarter, missing the consensus estimate of $4.21 by ($1.23). ASM International had a return on equity of 17.38% and a net margin of 19.98%. The firm had revenue of $855.69 million for the quarter. On average, sell-side analysts predict that ASM International will post 14.46 earnings per share 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.