ASE Technology Holding Co.Ltd ADR (ASX) with a beta value of 1.23 appears to be a promising investment opportunity.

ASE Technology Holding Co.Ltd ADR (NYSE: ASX) kicked off on Friday, up 3.35% from the previous trading day, before settling in for the closing price of $9.56. Over the past 52 weeks, ASX has traded in a range of $7.43-$12.86.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 9.80%. While this was happening, its average annual earnings per share was recorded 2.24%. With a float of $2.17 billion, this company’s outstanding shares have now reached $2.17 billion.

Considering the fact that the conglomerate employs 92894 people, you should pay attention to its efficiency factor. 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

Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of ASE Technology Holding Co.Ltd ADR is 0.00%, while institutional ownership is 7.59%.

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

According to the Wall Street analysts, stocks earnings will be around 2.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.89% 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

Take a look at ASE Technology Holding Co.Ltd ADR’s (ASX) current performance indicators. Last quarter, stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 15.82.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.46, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.68 in one year’s time.

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

Compared to the last year’s volume of 6.84 million, its volume of 7.9 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.93%. Additionally, its Average True Range was 0.33.

During the past 100 days, ASE Technology Holding Co.Ltd ADR’s (ASX) raw stochastic average was set at 37.39%, which indicates a significant increase from 31.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.83% in the past 14 days, which was lower than the 39.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.86, while its 200-day Moving Average is $10.34. Nevertheless, the first resistance level for the watch stands at $9.97 in the near term. At $10.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.15. If the price goes on to break the first support level at $9.79, it is likely to go to the next support level at $9.70. Now, if the price goes above the second support level, the third support stands at $9.61.

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

The company with the Market Capitalisation of 21.44 billion has total of 2,195,089K Shares Outstanding. Its annual sales at the moment are 19,004 M in contrast with the sum of 1,158 M annual income. Company’s last quarter sales were recorded 4,333 M and last quarter income was 240,490 K.