For the readers interested in the stock health of ASE Technology Holding Co. Ltd. (ASX). It is currently valued at $7.59. When the transactions were called off in the previous session, Stock hit the highs of $7.81, after setting-off with the price of $7.81. Company’s stock value dipped to $7.555 during the trading on the day. When the trading was stopped its value was $7.91.
Recently in News on April 9, 2021, ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*. ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, “ASEH” or the “Company”), announces its unaudited consolidated net revenues for March and 1st quarter of 2021. You can read further details here
ASE Technology Holding Co. Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.00 on 02/16/21, with the lowest value was $5.92 for the same time period, recorded on 01/04/21.
ASE Technology Holding Co. Ltd. (ASX) full year performance was 74.48%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ASE Technology Holding Co. Ltd. shares are logging -15.67% during the 52-week period from high price, and 95.62% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.88 and $9.00.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3789937 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ASE Technology Holding Co. Ltd. (ASX) recorded performance in the market was 29.97%, having the revenues showcasing 12.44% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 16.01B, as it employees total of 101981 workers.
Specialists analysis on ASE Technology Holding Co. Ltd. (ASX)
During the last month, 16 analysts gave the ASE Technology Holding Co. Ltd. a BUY rating, 4 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 6.93, with a change in the price was noted +2.56. In a similar fashion, ASE Technology Holding Co. Ltd. posted a movement of +50.89% for the period of last 100 days, recording 2,594,633 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ASX is recording 0.91 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.72.
Trends and Technical analysis: ASE Technology Holding Co. Ltd. (ASX)
Raw Stochastic average of ASE Technology Holding Co. Ltd. in the period of last 50 days is set at 30.71%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 40.94%. In the last 20 days, the company’s Stochastic %K was 66.28% and its Stochastic %D was recorded 80.08%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 29.97%. Additionally, trading for the stock in the period of the last six months notably improved by 75.29%, alongside a boost of 74.48% for the period of the last 12 months. The shares increased approximately by -3.19% in the 7-day charts and went down by 1.61% in the period of the last 30 days. Common stock shares were driven by 12.44% during last recorded quarter.