ASE Technology Holding Co.Ltd ADR (NYSE:ASX) currently has a daily average trading volume of 6.36M but it saw 15095757 shares traded in last market. With a market cap of 20.56B USD, the company’s current market price of $9.52 came falling about -4.99 while comparing to the previous closing price of $10.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.86 and as low as $7.20.
Taking a look at 20-day trading activity of ASE Technology Holding Co.Ltd ADR (ASX) gives us an average price of $11.09, while its current price level is -25.97% below from 52-week high level whereas it is 32.22% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.17 while that of 200 days or SMA-200 reads an average of $9.91. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.41% during that period while stretching the period over a month that decreases to 3.21%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.24 which implies that the stock is in oversold territory.
Goldman upgraded its recommendation for the stock as a “Buy” from “Neutral” on July 28, 2023 while assigning a price target range of $6.60-$9.20. HSBC Securities also issued its recommendations for the stock as it downgraded the price target for the stock is $6.47.
Over the week, ASX’s stock price is moving -8.11% down while it is -13.61% when we observe its performance for the past one month. Year-to-date it is 1.17% up and over the past year, the stock is showing an upside performance of 19.00%.
Currently, ASE Technology Holding Co.Ltd ADR’s total number of outstanding shares is 2.16B. Company’s return on investment (ROI) stands at 7.88% and return on equity (ROE) at 10.87%. It has a price to earnings ratio (P/E ratio) of 21.09 while having a 13.02 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 2.26 while price to sale or P/S ratio amounts to 1.11. Its return on asset (ROA) is 4.66% on average.
