ASE Technology Holding Co.Ltd ADR (NYSE:ASX) does about 12.62M shares in volume on a normal day but saw 10691430 shares change hands in the recent trading day. The company now has a market cap of 21.51B USD. Its current market price is $9.90, marking an increase of 2.06% compared to the previous close of $9.70. The 52 week high reached by this stock is $12.86 whilst the lowest price level in 52 weeks is $6.94.
The consensus objective for the share price is $9.98, suggesting that the stock has a potential upside of 0.8% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold.
The current price level is 1.22%, 9.70%, and 1.36% away from its SMA20, SMA50, and SMA200 respectively, with the ASX price moving above the 50-day SMA on current market day. ASE Technology Holding Co.Ltd ADR (ASX) stock is up 4.98% over the week and 7.84% over the past month. Its price is -1.69% year-to-date and -9.51% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.14 and 0.6 for whole year. Expected sales for next quarter are $170.83B, which analysts say will come at $653.3B for the current fiscal year and next year at $729.52B. In addition, estimates put the company’s current quarterly revenue at an average of $150.44B.
To reach the target analysts have set, the stock logically needs to grow 0.8 percent from here.
Outstanding shares total 2.17B with insiders holding 0.00% of the shares and institutional holders owning 8.37% of the company’s common stock. The company has a return on investment of 7.55% and return on equity of 11.47%. The price to earnings ratio (P/E ratio) amounts to 21.08 while the forward price to earnings ratio is 11.86. The beta has a value of 1.24. Price to book ratio is 2.29 and price to sales ratio is 1.14.