ASE Technology Holding Co.Ltd ADR (NYSE: ASX) on Monday, soared 1.14% from the previous trading day, before settling in for the closing price of $9.66. Within the past 52 weeks, ASX’s price has moved between $8.10 and $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 7.94%. The company achieved an average annual earnings per share of 42.05%. 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 16.07%, operating margin of 6.63%, and the pretax margin is 6.91%.
ASE Technology Holding Co.Ltd ADR (ASX) Insider Activity
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 7.78%.
ASE Technology Holding Co.Ltd ADR (ASX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 42.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.14% during the next five years compared to 12.80% 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 0.93 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 1.14. Likewise, its price to free cash flow for the trailing twelve months is 55.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.45, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.86 in one year’s time.
Technical Analysis of ASE Technology Holding Co.Ltd ADR (ASX)
Compared to the last year’s volume of 10.31 million, its volume of 7.32 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 33.83%. Additionally, its Average True Range was 0.35.
During the past 100 days, ASE Technology Holding Co.Ltd ADR’s (ASX) raw stochastic average was set at 22.38%, which indicates a significant decrease from 28.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.26% in the past 14 days, which was higher than the 39.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.30, while its 200-day Moving Average is $10.25. Nevertheless, the first resistance level for the watch stands at $9.86 in the near term. At $9.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.06. If the price goes on to break the first support level at $9.65, it is likely to go to the next support level at $9.54. Should the price break the second support level, the third support level stands at $9.45.
ASE Technology Holding Co.Ltd ADR (NYSE: ASX) Key Stats
Market capitalization of the company is 21.21 billion based on 2,207,465K outstanding shares. Right now, sales total 18,517 M and income totals 1,010 M. The company made 5,016 M in profit during its latest quarter, and 287,880 K in sales during its previous quarter.
