ASE Technology Holding Co.Ltd ADR (ASX) kicked off at the price of $10.34: Venture capitalists have an exciting new opportunity

On Tuesday, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) was 0.29% up from the session before settling in for the closing price of $10.31. A 52-week range for ASX has been $7.33 – $12.86.

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During the last 5-year period, the sales growth of Technology Sector giant was 9.80%. When this article was written, the company’s average yearly earnings per share was at 6.48%. With a float of $2.17 billion, this company’s outstanding shares have now reached $2.17 billion.

Let’s determine the extent of company efficiency that accounts for 92894 employees. In terms of profitability, gross margin is 15.87%, operating margin of 6.81%, and the pretax margin is 7.13%.

ASE Technology Holding Co.Ltd ADR (ASX) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward ASE Technology Holding Co.Ltd ADR stocks. The insider ownership of ASE Technology Holding Co.Ltd ADR is 0.00%, while institutional ownership is 7.60%.

ASE Technology Holding Co.Ltd ADR (ASX) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.13 earnings per share (EPS) during the time that was better than consensus figure (set at 0.13) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.55% during the next five years compared to 3.72% growth over the previous five years of trading.

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

You can see what ASE Technology Holding Co.Ltd ADR (ASX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 13.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.45, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.74 in one year’s time.

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

Looking closely at ASE Technology Holding Co.Ltd ADR (NYSE: ASX), its last 5-days average volume was 4.99 million, which is a drop from its year-to-date volume of 6.82 million. As of the previous 9 days, the stock’s Stochastic %D was 55.73%. Additionally, its Average True Range was 0.30.

During the past 100 days, ASE Technology Holding Co.Ltd ADR’s (ASX) raw stochastic average was set at 47.06%, which indicates a significant decrease from 57.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.49% in the past 14 days, which was lower than the 39.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.84, while its 200-day Moving Average is $10.29. However, in the short run, ASE Technology Holding Co.Ltd ADR’s stock first resistance to watch stands at $10.42. Second resistance stands at $10.51. The third major resistance level sits at $10.59. If the price goes on to break the first support level at $10.25, it is likely to go to the next support level at $10.17. Now, if the price goes above the second support level, the third support stands at $10.08.

ASE Technology Holding Co.Ltd ADR (NYSE: ASX) Key Stats

There are 2,192,213K outstanding shares of the company, which has a market capitalization of 22.41 billion. As of now, sales total 19,004 M while income totals 1,158 M. Its latest quarter income was 4,333 M while its last quarter net income were 240,490 K.