ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday. The company traded as high as $45.75 and last traded at $45.75, with a volume of 1,360 shares changing hands. The stock had previously closed at $45.05.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of ASX from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $57.00.
View Our Latest Research Report on ASXFY
ASX Trading Up 1.5%
The business’s 50 day moving average is $40.89 and its two-hundred day moving average is $39.43.
ASX Company Profile
ASE Technology Holding Co, Ltd. is a Taiwan-based semiconductor manufacturing services company. Through its subsidiaries, including Advanced Semiconductor Engineering, Inc (ASE) and Siliconware Precision Industries Co, Ltd. (SPIL), the company provides outsourced semiconductor assembly and test (OSAT) services to chip manufacturers and electronics companies.
Its services include wafer probing, wafer bumping, chip assembly, packaging, final testing and electronic manufacturing services.
Further Reading
- Five stocks we like better than ASX
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Receive News & Ratings for ASX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASX and related companies with MarketBeat.com's FREE daily email newsletter.
