Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. ASE Technology Holding Co.Ltd ADR’s current trading price is -23.17% away from its 52-week high, while its distance from the 52-week low is 21.98%. The stock’s price range over this period has fluctuated between $8.10 and $12.86. The company, operating within the financial sector, had a trading volume of approximately 5.44 million for the day, which was noticeably lower than the average daily share volume of 8.04 million over the last 3 months.
ASE Technology Holding Co.Ltd ADR experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $12.86 on 07/11/24, while the lowest price for the same period was registered at $8.10 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ASE Technology Holding Co.Ltd ADR (ASX) has experienced a quarterly decline of -2.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.45B and boasts a workforce of 92894 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.00, with a change in price of +0.03. Similarly, ASE Technology Holding Co.Ltd ADR recorded 7,664,990 in trading volume during the last 100 days, posting a change of +0.35%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ASX stands at 0.65. Similarly, the long-term debt-to-equity ratio is also 0.43.
ASX Stock Stochastic Average
Today’s raw stochastic average for ASE Technology Holding Co.Ltd ADR over the last 50 days is 37.43%.This indicates a increase from the raw stochastic average of the past 20 days, which was 4.40%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 50.80% and 70.59%, respectively.
ASX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -1.89%.However, over the last six months, we can see a stronger performance of -4.63%. Over the last 30 days, the price of ASX has leaped by -4.82%. And in the last five days, it has fallen by -6.08%.
