Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $9.64 in the prior trading day, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) closed at $9.52, down -1.24%. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 17.79 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ASX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.50.
Valuation Measures:
As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.27, and their Forward P/E ratio for the next fiscal year is 11.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 2.20.
Stock Price History:
Over the past 52 weeks, ASX has reached a high of $12.86, while it has fallen to a 52-week low of $6.94. The 50-Day Moving Average of the stock is 5.36%, while the 200-Day Moving Average is calculated to be -2.62%.
Shares Statistics:
A total of 2.17B shares are outstanding, with a floating share count of 2.17B. Insiders hold about 0.00% of the company’s shares, while institutions hold 8.18% stake in the company.
