Spotting A Winner: ASE Technology Holding Co.Ltd ADR (NYSE: ASX) Retreats -0.79 And It Still Have Room To Run

ASE Technology Holding Co.Ltd ADR (NYSE:ASX) currently has a daily average trading volume of 6.95M but it saw 8563371 shares traded in last market. With a market cap of 21.85B USD, the company’s current market price of $10.07 came falling about -0.79 while comparing to the previous closing price of $10.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.86 and as low as $8.10. In the recent trading on the day, stock has struck highest price mark of $10.05 while lowest mark touched by it was $10.2306.

Taking a look at 20-day trading activity of ASE Technology Holding Co.Ltd ADR (ASX) gives us an average price of $10.10, while its current price level is -21.70% below from 52-week high level whereas it is 24.32% 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 $9.95 while that of 200 days or SMA-200 reads an average of $10.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.50% during that period while stretching the period over a month that increases to 2.22%. 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 50.10 which implies that the stock is in neutral territory.

Over the week, ASX’s stock price is moving -2.99% down while it is 3.60% when we observe its performance for the past one month. Year-to-date it is 7.01% up and over the past year, the stock is showing an upside performance of 7.01%.

Currently, ASE Technology Holding Co.Ltd ADR’s total number of outstanding shares is 2.17B. Company’s return on investment (ROI) stands at 7.28% and return on equity (ROE) at 10.72%. It has a price to earnings ratio (P/E ratio) of 22.00 while having a 15.02 of forward P/E ratio. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 2.23 while price to sale or P/S ratio amounts to 1.18. Its return on asset (ROA) is 4.58% on average.