ASE Technology Holding Co.Ltd ADR (NYSE: ASX) Now $8.10 Higher From Its Low (1.67), Does It Still Have A Growth Story?

ASE Technology Holding Co.Ltd ADR (NYSE:ASX) currently has a daily average trading volume of 10.16M but it saw 11026068 shares traded in last market. With a market cap of 21.21B USD, the company’s current market price of $9.77 came rising about 0.21 while comparing to the previous closing price of $9.75. 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 $9.66 while lowest mark touched by it was $9.8782.

Taking a look at 20-day trading activity of ASE Technology Holding Co.Ltd ADR (ASX) gives us an average price of $10.08, while its current price level is -24.03% below from 52-week high level whereas it is 20.62% 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 $10.29 while that of 200 days or SMA-200 reads an average of $10.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.16% during that period while stretching the period over a month that increases to 3.01%. 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 44.82 which implies that the stock is in neutral territory.

Over the week, ASX’s stock price is moving 0.51% up while it is -11.42% when we observe its performance for the past one month. Year-to-date it is -2.98% down and over the past year, the stock is showing a downside performance of -9.62%.

Currently, ASE Technology Holding Co.Ltd ADR’s total number of outstanding shares is 2.17B. Company’s return on investment (ROI) stands at 7.05% and return on equity (ROE) at 10.32%. It has a price to earnings ratio (P/E ratio) of 21.65 while having a 11.34 of forward P/E ratio. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 1.14. Its return on asset (ROA) is 4.56% on average.