How Morgan Stanley Currently Rates ASML International NV (NASDAQ:ASMI)
Equities researchers at Morgan Stanley launched coverage on ASML International NV (NASDAQ:ASMI) with “Overweight” rating. This was issued to clients and investors in a recent report on Tuesday, 15 December.
Approximately 1,035 shares of stock traded hands. ASM International NV (ADR) (NASDAQ:ASMI) has risen 6.00% since November 15, 2015 and is uptrending. It has outperformed by 9.68% the S&P500.
ASM International N.V. is a global supplier of wafer processing equipment, primarily for semiconductor manufacturing. The company has a market cap of $2.54 billion. The Firm designs, makes and sells equipment and services to its clients for the production of semiconductor devices, or integrated circuits (IC’s). It has 14.87 P/E ratio. The Firm operates in two divisions: Front-end and Back-end.