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In the latest session, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) closed at $9.59 down -1.74% from its previous closing price of $9.76. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 6.69 million shares were traded. ASX stock price reached its highest trading level at $9.79 during the session, while it also had its lowest trading level at $9.525.
Ratios:
For a deeper understanding of ASE Technology Holding Co.Ltd ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.37.
Goldman Upgraded its Neutral to Buy on July 28, 2023, whereas the target price for the stock was revised from $6.60 to $9.20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASX now has a Market Capitalization of 20724948992 and an Enterprise Value of 159688572928. As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.32, and their Forward P/E ratio for the next fiscal year is 12.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 0.272 whereas that against EBITDA is 1.669.
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 $7.33. The 50-Day Moving Average of the stock is -1.61%, while the 200-Day Moving Average is calculated to be -6.06%.
Shares Statistics:
For the past three months, ASX has traded an average of 8.95M shares per day and 7366910 over the past ten days. 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 7.59% stake in the company. Shares short for ASX as of 1726185600 were 12318260 with a Short Ratio of 1.38, compared to 1723680000 on 11179183. Therefore, it implies a Short% of Shares Outstanding of 12318260 and a Short% of Float of 0.74.
Dividends & Splits
According to the company, the forward annual dividend rate for ASX is 0.32, from 5.202 in the trailing year. Against a Trailing Annual Dividend Yield of 0.5329918The stock’s 5-year Average Dividend Yield is 4.7.
