ASE Technology Holding Co.Ltd ADR (ASX) is heading in the right direction with an average volume of $6.19M

ASE Technology Holding Co.Ltd ADR (NYSE: ASX) open the trading on Thursday, with great promise as it jumped 2.37% to $11.21, before settling in for the price of $10.95 at the close. Taking a more long-term approach, ASX posted a 52-week range of $6.70-$11.68.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Technology sector posted annual sales growth of 9.80% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 3.72%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 31.25%. This publicly-traded company’s shares outstanding now amounts to $2.16 billion, simultaneously with a float of $2.16 billion. The organization now has a market capitalization sitting at $24.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.34, while the 200-day Moving Average is $8.71.

ASE Technology Holding Co.Ltd ADR (ASX) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductors industry. ASE Technology Holding Co.Ltd ADR’s current insider ownership accounts for 0.00%, in contrast to 7.05% institutional ownership.

ASE Technology Holding Co.Ltd ADR (ASX) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.13 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.13) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.

ASE Technology Holding Co.Ltd ADR’s EPS increase for this current 12-month fiscal period is 31.25% and is forecasted to reach 0.83 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 28.90% through the next 5 years, which can be compared against the 3.72% growth it accomplished over the previous five years trading on the market.

ASE Technology Holding Co.Ltd ADR (NYSE: ASX) Trading Performance Indicators

Let’s observe the current performance indicators for ASE Technology Holding Co.Ltd ADR (ASX). It’s Quick Ratio in the last reported quarter now stands at 0.89. The Stock has managed to achieve an average true range (ATR) of 0.28. Alongside those numbers, its PE Ratio stands at $24.34, and its Beta score is 1.26. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.30. Similarly, its price to free cash flow for trailing twelve months is now 12.54.

In the same vein, ASX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.46, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.83 at the market close of one year from today.

Technical Analysis of ASE Technology Holding Co.Ltd ADR (ASX)

[ASE Technology Holding Co.Ltd ADR, ASX] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 58.33% While, its Average True Range was 0.27.

Raw Stochastic average of ASE Technology Holding Co.Ltd ADR (ASX) in the period of the previous 100 days is set at 85.63%, which indicates a major rise in contrast to 74.60% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.20% that was lower than 31.54% volatility it exhibited in the past 100-days period.