On Monday, ASE Technology Holding Co.Ltd ADR (NYSE: ASX) was -0.87% drop from the session before settling in for the closing price of $8.08. A 52-week range for ASX has been $6.94 – $12.86.
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A company in the Technology sector has jumped its sales by 7.94% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 40.28%. With a float of $2.17 billion, this company’s outstanding shares have now reached $2.17 billion.
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 Updates
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 7.77%.
ASE Technology Holding Co.Ltd ADR (ASX) Performance Highlights and Predictions
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 40.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.34% 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
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 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94. Likewise, its price to free cash flow for the trailing twelve months is 45.82.
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 0.84 in one year’s time.
Technical Analysis of ASE Technology Holding Co.Ltd ADR (ASX)
Let’s dig in a bit further. During the last 5-days, its volume was 12.98 million. That was better than the volume of 11.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.45%. Additionally, its Average True Range was 0.44.
During the past 100 days, ASE Technology Holding Co.Ltd ADR’s (ASX) raw stochastic average was set at 24.18%, which indicates a significant decrease from 49.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.32% in the past 14 days, which was higher than the 48.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.53, while its 200-day Moving Average is $9.95. However, in the short run, ASE Technology Holding Co.Ltd ADR’s stock first resistance to watch stands at $8.07. Second resistance stands at $8.12. The third major resistance level sits at $8.23. If the price goes on to break the first support level at $7.91, it is likely to go to the next support level at $7.80. Assuming the price breaks the second support level, the third support level stands at $7.75.
ASE Technology Holding Co.Ltd ADR (NYSE: ASX) Key Stats
There are 2,207,465K outstanding shares of the company, which has a market capitalization of 17.39 billion. As of now, sales total 18,158 M while income totals 987,460 K. Its latest quarter income was 4,639 M while its last quarter net income were 266,640 K.
