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In the latest session, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) closed at $9.79 up 1.66% from its previous closing price of $9.63. In other words, the price has increased by $1.66 from its previous closing price. On the day, 6.23 million shares were traded. ASX stock price reached its highest trading level at $9.82 during the session, while it also had its lowest trading level at $9.54.
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 9.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.84. 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.
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 21157169152 and an Enterprise Value of 160553009152. As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.76, and their Forward P/E ratio for the next fiscal year is 13.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 2.27. Its current Enterprise Value per Revenue stands at 0.273 whereas that against EBITDA is 1.678.
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 $7.25. The 50-Day Moving Average of the stock is -8.06%, while the 200-Day Moving Average is calculated to be -2.75%.
Shares Statistics:
For the past three months, ASX has traded an average of 7.99M shares per day and 8401370 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 8.04% stake in the company. Shares short for ASX as of 1722384000 were 9393989 with a Short Ratio of 1.40, compared to 1719532800 on 7626318. Therefore, it implies a Short% of Shares Outstanding of 9393989 and a Short% of Float of 0.5599999999999999.
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 0.54018694The stock’s 5-year Average Dividend Yield is 4.72.
