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In the latest session, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) closed at $11.34 up 2.86% from its previous closing price of $11.02. In other words, the price has increased by $2.86 from its previous closing price. On the day, 4.05 million shares were traded. ASX stock price reached its highest trading level at $11.245 during the session, while it also had its lowest trading level at $10.98.
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 9.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.42.
On July 28, 2023, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $6.60 to $9.20.
HSBC Securities Downgraded its Buy to Hold on June 28, 2023, while the target price for the stock was maintained at $6.47.
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 24254554112 and an Enterprise Value of 168682471424. As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.85, and their Forward P/E ratio for the next fiscal year is 14.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 0.289 whereas that against EBITDA is 1.765.
Stock Price History:
Over the past 52 weeks, ASX has reached a high of $12.23, while it has fallen to a 52-week low of $7.20. The 50-Day Moving Average of the stock is 4.39%, while the 200-Day Moving Average is calculated to be 18.77%.
Shares Statistics:
For the past three months, ASX has traded an average of 5.48M shares per day and 5805060 over the past ten days. A total of 2.16B shares are outstanding, with a floating share count of 2.16B. Insiders hold about 0.00% of the company’s shares, while institutions hold 7.79% stake in the company. Shares short for ASX as of 1718323200 were 8195276 with a Short Ratio of 1.49, compared to 1715731200 on 8233150.
Dividends & Splits
According to the company, the forward annual dividend rate for ASX is 0.88, from 5.202 in the trailing year. Against a Trailing Annual Dividend Yield of 0.47205082The stock’s 5-year Average Dividend Yield is 4.72.
