Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $10.33 in the prior trading day, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) closed at $9.5, down -8.03%. In other words, the price has decreased by -$8.03 from its previous closing price. On the day, 15.18 million shares were traded. ASX stock price reached its highest trading level at $9.93 during the session, while it also had its lowest trading level at $9.295.
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:
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 22213754880 and an Enterprise Value of 194981707776. As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.23, and their Forward P/E ratio for the next fiscal year is 11.63. 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. 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 0.06382978 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, ASX has reached a high of $11.36, while it has fallen to a 52-week low of $6.94. The 50-Day Moving Average of the stock is -6.50%, while the 200-Day Moving Average is calculated to be -3.84%.
Shares Statistics:
The stock has traded on average 11.11M shares per day over the past 3-months and 7031880 shares per day over the last 10 days, according to various share 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 8.23% stake in the company. Shares short for ASX as of 1752537600 were 17804847 with a Short Ratio of 1.60, compared to 1749772800 on 15056051. Therefore, it implies a Short% of Shares Outstanding of 17804847 and a Short% of Float of 1.0999999999999999.
Dividends & Splits
In the trailing 12 months, ASX’s forward annual dividend rate was 0.0, compared to 0.36 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 4.65. The current Payout Ratio is 55.79% for ASX, which recently paid a dividend on 2024-07-02 with an ex-dividend date of 2025-07-02. Stock splits for the company last occurred on 2008-08-13 when the company split stock in a 1029:1000 ratio.
