ASE Technology Holding Co.Ltd ADR (NYSE: ASX) has a higher price-to-earnings ratio of 21.72x compared to its average ratio, The 36-month beta value for ASX is at 1.24. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for ASX is 2.17B, and currently, shorts hold a 0.55% of that float. The average trading volume for ASX on November 25, 2024 was 7.21M shares.
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ASX) stock’s latest price update
ASE Technology Holding Co.Ltd ADR (NYSE: ASX)’s stock price has plunge by 0.15relation to previous closing price of 9.93. Nevertheless, the company has seen a 1.69% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-11-14 that MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Lightmatter, the leader in photonic supercomputing, today announced a strategic collaboration with Advanced Semiconductor Engineering, Inc. (ASE, a member of ASE Technology Holding Inc., NYSE: ASX, TWSE: 3711), the world’s largest semiconductor packaging and testing services provider. The partnership will focus on advancing Lightmatter’s Passage™ platform, the world’s first 3D-stacked photonics engine with pluggable fiber, to overcome the critical AI inte.
ASX’s Market Performance
ASE Technology Holding Co.Ltd ADR (ASX) has seen a 1.69% rise in stock performance for the week, with a -3.63% decline in the past month and a 1.58% surge in the past quarter. The volatility ratio for the week is 2.12%, and the volatility levels for the past 30 days are at 2.48% for ASX. The simple moving average for the past 20 days is 1.74% for ASX’s stock, with a -4.09% simple moving average for the past 200 days.
ASX Trading at 0.08% from the 50-Day Moving Average
After a stumble in the market that brought ASX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.67% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.12%, as shares sank -2.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.58% upper at present.
During the last 5 trading sessions, ASX rose by +1.69%, which changed the moving average for the period of 200-days by +3.38% in comparison to the 20-day moving average, which settled at $9.77. In addition, ASE Technology Holding Co.Ltd ADR saw 5.69% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ASX
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.16 for the gross margin
The net margin for ASE Technology Holding Co.Ltd ADR stands at 0.05. The total capital return value is set at 0.08. Equity return is now at value 10.72, with 4.58 for asset returns.
Based on ASE Technology Holding Co.Ltd ADR (ASX), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.66. The interest coverage ratio of the stock is 8.26.
Currently, EBITDA for the company is 104.76 billion with net debt to EBITDA at 1.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.37. The receivables turnover for the company is 5.21for trailing twelve months and the total asset turnover is 0.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
In conclusion, ASE Technology Holding Co.Ltd ADR (ASX) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
