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As of close of business last night, ASE Technology Holding Co.Ltd ADR’s stock clocked out at $9.96, down -3.68% from its previous closing price of $10.34. In other words, the price has decreased by -$3.68 from its previous closing price. On the day, 7.1 million shares were traded. ASX stock price reached its highest trading level at $10.33 during the session, while it also had its lowest trading level at $9.925.
Ratios:
To gain a deeper understanding of ASX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.07. 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 0.58 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 21499854848 and an Enterprise Value of 174057832448. As of this moment, ASE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.07, and their Forward P/E ratio for the next fiscal year is 13.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. 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 2.36. Its current Enterprise Value per Revenue stands at 0.296 whereas that against EBITDA is 1.818.
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 $7.20. The 50-Day Moving Average of the stock is -11.35%, while the 200-Day Moving Average is calculated to be 0.89%.
Shares Statistics:
It appears that ASX traded 6.14M shares on average per day over the past three months and 8998920 shares per day 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 8.19% stake in the company. Shares short for ASX as of 1721001600 were 8988828 with a Short Ratio of 1.46, compared to 1718323200 on 8195276.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.72.
