ASML Stock Sharply Moves -6.11%: Should You Take A Risk And Invest?

Now ASML faces a decrease in the stock value by 6.11% today. The stock value started decreasing after the breakout on September 23, when it reached the mark of $879.78. However, the company faced a dip today, and the stock started falling. Currently, the value of a stock is equal to $6.11, which is 56.85% higher than it was in January. And week’s activity brought ASML’s market capitalization up to $323.852 billion. ASML finished the previous trading day at $868.82, down 1.25% from the previous session. This move is behind the S&P 500’s 0.15% daily gain. Over the last month, the stock of the semiconductor equipment supplier has increased by 8.49%. In that period, it has outperformed the technology sector, which has gained 0.81%, and the S&P 500, which has lost 0.58%. ASML will be seeking to show strength as it approaches its next earnings announcement on October 20, 2021. Analysts estimate ASML to announce earnings of $4.67 per share in that report. This represents a 57.77% increase year over year.

Miriam Bozini

Finance and Business Reporter