ASE Technology Holding Co.Ltd ADR (NYSE:ASX) does about 13.55M shares in volume on a normal day but saw 10251032 shares change hands in the recent trading day. The company now has a market cap of 23.01B USD. Its current market price is $10.59, marking a decrease of -0.56% compared to the previous close of $10.65. 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 downside of -6.11% 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 4.99%, 10.74%, and 7.85% away from its SMA20, SMA50, and SMA200 respectively, with the ASX price moving below the 50-day SMA on current market day. ASE Technology Holding Co.Ltd ADR (ASX) stock is up 4.54% over the week and 9.85% over the past month. Its price is -7.67% year-to-date and 5.16% 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 shrink -6.11 percent from here.
Outstanding shares total 2.17B with insiders holding 0.00% of the shares and institutional holders owning 8.36% 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 22.55 while the forward price to earnings ratio is 12.64. The beta has a value of 1.26. Price to book ratio is 2.45 and price to sales ratio is 1.22.
