ASE Technology Holding Co.Ltd ADR (ASX) is ready for next Episode as it posted an annual sales of 19,004 M

ASE Technology Holding Co.Ltd ADR (NYSE: ASX) on Friday, soared 1.22% from the previous trading day, before settling in for the closing price of $9.81. Within the past 52 weeks, ASX’s price has moved between $8.10 and $12.86.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 9.80%. The company achieved an average annual earnings per share of 1.53%. With a float of $2.17 billion, this company’s outstanding shares have now reached $2.17 billion.

The extent of productivity of a business whose workforce counts for 92894 workers is very important to gauge. In terms of profitability, gross margin is 15.97%, operating margin of 6.76%, and the pretax margin is 6.98%.

ASE Technology Holding Co.Ltd ADR (ASX) Insider Updates

Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of ASE Technology Holding Co.Ltd ADR is 0.00%, while institutional ownership is 7.46%.

ASE Technology Holding Co.Ltd ADR (ASX) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 1.53% 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

ASE Technology Holding Co.Ltd ADR (ASX) is currently performing well based on its current performance indicators. A quick ratio of 0.89 was reported for the most recent quarter. 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 15.90.

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)

The latest stats from [ASE Technology Holding Co.Ltd ADR, ASX] show that its last 5-days average volume of 6.85 million was superior to 6.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 79.40%. Additionally, its Average True Range was 0.27.

During the past 100 days, ASE Technology Holding Co.Ltd ADR’s (ASX) raw stochastic average was set at 38.45%, which indicates a significant decrease from 69.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.38% in the past 14 days, which was lower than the 40.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.93, while its 200-day Moving Average is $10.37. Now, the first resistance to watch is $9.98. This is followed by the second major resistance level at $10.03. The third major resistance level sits at $10.09. If the price goes on to break the first support level at $9.87, it is likely to go to the next support level at $9.81. Assuming the price breaks the second support level, the third support level stands at $9.76.

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

Market capitalization of the company is 21.54 billion based on 2,195,089K outstanding shares. Right now, sales total 19,004 M and income totals 1,158 M. The company made 4,963 M in profit during its latest quarter, and 299,650 K in sales during its previous quarter.