ASMPT (OTCMKTS:ASMVY) Trading 2.1% Higher – Time to Buy?

ASMPT Limited (OTCMKTS:ASMVYGet Free Report) was up 2.1% during mid-day trading on Wednesday . The stock traded as high as $26.55 and last traded at $26.03. Approximately 1,639 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 12,836 shares. The stock had previously closed at $25.50.

ASMPT Stock Up 2.1%

The company has a 50 day moving average of $23.78 and a 200-day moving average of $22.68.

ASMPT Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 12th. Shareholders of record on Wednesday, August 13th will be given a dividend of $0.0845 per share. This represents a yield of 71.0%. The ex-dividend date of this dividend is Tuesday, August 12th. This is a positive change from ASMPT’s previous dividend of $0.01.

About ASMPT

(Get Free Report)

ASMPT Limited, an investment holding company, engages in the research, design, development, manufacture, and marketing of machine and tools used in the semiconductor and electronics assembly industries. It operates in two segments, Semiconductor Solutions and Surface Mount Technology Solutions. The Semiconductor Solutions segment offers wire and die bonders, encapsulation solutions, test handlers, clip bonders, CIS equipment, TCB and flip chip bonders, mold under fill, panel molding, silver sintering, and laser grooving and dicing.

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