ASE Technology Holding Co.Ltd ADR (NYSE: ASX) is -2.66% lower on its value in year-to-date trading and has touched a low of $7.25 and a high of $12.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASX stock was last observed hovering at around $8.94 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $9.16, the stock is -5.20% and -11.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.35 million and changing 2.46% at the moment leaves the stock -9.44% off its SMA200. ASX registered 14.79% gain for a year compared to 6-month loss of -18.36%.
The stock witnessed a -0.54% gain in the last 1 month and extending the period to 3 months gives it a -14.71%, and is -8.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.16% over the week and 3.00% over the month.
ASE Technology Holding Co.Ltd ADR (ASX) has around 92894 employees, a market worth around $19.77B and $18.46B in sales. Current P/E ratio is 20.36 and Fwd P/E is 12.43. Profit margin for the company is 5.38%. Distance from 52-week low is 26.34% and -28.77% from its 52-week high. The company has generated returns on investments over the last 12 months (7.76%).
The EPS is expected to grow by 6.39% this year.
ASE Technology Holding Co.Ltd ADR (ASX) Top Institutional Holders
The shares outstanding are 2.16B, and float is at 2.16B with Short Float at 0.52%.
The top institutional shareholder in the company is LAZARD ASSET MANAGEMENT LLC with over 21.12 million shares valued at $241.21 million. The investor’s holdings represent 0.4898% of the ASX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.47 million shares valued at $165.3 million to account for 0.3356 of the shares outstanding. The other top investors are FISHER ASSET MANAGEMENT, LLC which holds 13.69 million shares representing 0.3174% and valued at over $156.3 million, while ARROWSTREET CAPITAL, LIMITED PARTNERSHIP holds 0.2472 of the shares totaling 10.66 million with a market value of $121.72 million.
ASE Technology Holding Co.Ltd ADR (ASX) Insider Activity
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