ASE Technology Holding Co.Ltd ADR (ASX) concluded trading on Wednesday at a closing price of $9.29, with 6.56 million shares of worth about $60.98 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.12% during that period and on Wednesday, January 31 the price saw a loss of about -0.96%. Currently the company’s common shares owned by public are about 2.16B shares, out of which, 2.16B shares are available for trading.
However, the stock later moved at a day high price of 9.43, or with a loss of -0.96%. Stock saw a price change of -2.42% in past 5 days and over the past one month there was a price change of -1.28%. Year-to-date (YTD), ASX shares are showing a performance of -1.28% which increased to 26.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.70 but also hit the highest price of $9.77 during that period. The average intraday trading volume for ASE Technology Holding Co.Ltd ADR shares is 4.97 million. The stock is currently trading 2.84% above its 20-day simple moving average (SMA20), while that difference is up 4.06% for SMA50 and it goes to 15.55% higher than SMA200.
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ASE Technology Holding Co.Ltd ADR (NYSE: ASX) currently have 2.16B outstanding shares and institutions hold larger chunk of about 7.59% of that.
The stock has a current market capitalization of $20.03B and its 3Y-monthly beta is at 1.25. PE ratio of stock for trailing 12 months is 16.57, while it has posted earnings per share of $0.56 in the same period. It has Quick Ratio of 0.89 while making debt-to-equity ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASX, volatility over the week remained 1.88% while standing at 1.98% over the month.
Analysts are in expectations that ASE Technology Holding Co.Ltd ADR (ASX) stock would likely to be making an EPS of $0.13 in the current quarter, while forecast for next quarter EPS is $0.11 and it is $0.75 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.12 which is $0.14 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.23 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -51.73% while it is estimated to increase by 45.19% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on July 28, 2023 offering a Buy rating for the stock and assigned a target price range of between $6.60 and $9.20 to it.
