Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
ASE Technology Holding Co.Ltd ADR (NYSE: ASX) closed the day trading at $10.13 down -2.31% from the previous closing price of $10.37. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 13.01 million shares were traded. ASX stock price reached its highest trading level at $10.32 during the session, while it also had its lowest trading level at $10.11.
Ratios:
For a better understanding of ASX, let’s 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:
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 22012792832 and an Enterprise Value of 194981707776. As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.57, and their Forward P/E ratio for the next fiscal year is 12.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 0.319 whereas that against EBITDA is 1.95.
Stock Price History:
The Beta on a monthly basis for ASX is 1.24, which has changed by -0.15301001 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. 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 3.67%, while the 200-Day Moving Average is calculated to be 2.97%.
Shares Statistics:
Over the past 3-months, ASX traded about 13.51M shares per day on average, while over the past 10 days, ASX traded about 11832990 shares per day. 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 8.19% stake in the company. Shares short for ASX as of 1749772800 were 15056051 with a Short Ratio of 1.11, compared to 1747267200 on 13042639. Therefore, it implies a Short% of Shares Outstanding of 15056051 and a Short% of Float of 0.9299999999999999.
Dividends & Splits
ASX’s forward annual dividend rate is 0.36, up from 5.3 a year ago. Against a Trailing Annual Dividend Yield of 0.5110897The stock’s 5-year Average Dividend Yield is 4.65. The current Payout Ratio is 56.30% for ASX, which recently paid a dividend on 2024-07-02 with an ex-dividend date of 1751414400. Stock splits for the company last occurred on 2008-08-13 when the company split stock in a 1029:1000 ratio.
