The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 15.79%.However, over the last six months, we can see a weaker performance of 15.79%. Over the last 30 days, the price of ASX has fallen by 6.61%. And in the last five days, it has surged by 0.41%.
At present, ASE Technology Holding Co. Ltd. (ASX) has a stock price of $7.26. In the previous session, the stock saw a rise, peaking at $7.44 after an opening price of $7.41. The day’s lowest price was $7.35, and it closed at $7.35.
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ASE Technology Holding Co. Ltd. experienced a rather steady stock market performance. The highest value in the past year was recorded at $7.97 on 03/31/23 and the lowest value was $4.45 on 10/13/22.
52-week price history of ASX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. ASE Technology Holding Co. Ltd.’s current trading price is -8.91% away from its 52-week high, while its distance from the 52-week low is 63.15%. The stock’s price range during this period has varied between$4.45 and $7.97. The ASE Technology Holding Co. Ltd.’s shares, which operate in the Technology, saw a trading volume of around 1.2 million for the day, a figure considerably lower than their average daily volume of 5.2 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
ASE Technology Holding Co. Ltd. (ASX) has experienced a quarterly rise of 0.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.45B and boasts a workforce of 94172 employees.
ASE Technology Holding Co. Ltd.: Analysts’ Ratings Unveiled
As of right now, 11 analysts are rating ASE Technology Holding Co. Ltd. as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.26, with a change in price of +0.89. Similarly, ASE Technology Holding Co. Ltd. recorded 5,365,637 in trading volume during the last 100 days, posting a change of +14.07%.
ASX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ASX stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.49.
ASX Stock Stochastic Average
ASE Technology Holding Co. Ltd.’s raw stochastic average for the past 50 days is presently 43.70%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 71.15%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.97% and 88.96%, respectively.