Let’s start up with the current stock price of ASE Technology Holding Co. Ltd. (ASX), which is $7.56 to be very precise. The Stock rose vividly during the last session to $7.63 after opening rate of $7.55 while the lowest price it went was recorded $7.455 before closing at $7.62.Recently in News on November 15, 2021, ASE Technology Holding Tops List of Semiconductors and Semiconductor Equipment Companies on the 2021 Dow Jones Sustainability Indices. ASE Technology Holding Co., Ltd. (TAIEX: 3711, NYSE: ASX), the leading provider of semiconductor packaging, test and system assembly services, today announced that it has achieved the best overall performance on the Dow Jones Sustainability Indices (DJSI) – Semiconductors and Semiconductor Equipment Industry Group for the sixth consecutive year. The DJSI achievement is a firm recognition of ASE’s outstanding performance in sustainability in tandem with growth and innovation in a competitive global industry. 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 $9.62 on 08/05/21, 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 42.37%
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 -21.41% during the 52-week period from high price, and 48.82% 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 $5.08 and $9.62.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 4699205 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 29.45%, having the revenues showcasing -15.81% 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 16.59B, as it employees total of 103164 workers.
Analysts verdict on ASE Technology Holding Co. Ltd. (ASX)
During the last month, 10 analysts gave the ASE Technology Holding Co. Ltd. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 5 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 8.14, with a change in the price was noted -0.61. In a similar fashion, ASE Technology Holding Co. Ltd. posted a movement of -7.47% for the period of last 100 days, recording 3,805,923 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 0.92 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.79.
ASE Technology Holding Co. Ltd. (ASX): Technical Analysis
Raw Stochastic average of ASE Technology Holding Co. Ltd. in the period of last 50 days is set at 38.31%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 73.26%. In the last 20 days, the company’s Stochastic %K was 82.12% and its Stochastic %D was recorded 88.46%.
Let’s take a glance in the erstwhile performances of ASE Technology Holding Co. Ltd., 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 29.45%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -2.70%, alongside a boost of 42.37% for the period of the last 12 months. The shares increased approximately by -1.18% in the 7-day charts and went down by 8.93% in the period of the last 30 days. Common stock shares were lifted by -15.81% during last recorded quarter.