A share price of ASE Technology Holding Co.Ltd ADR [ASX] is currently trading at $10.01, down -2.63%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ASX shares have gain 2.04% over the last week, with a monthly amount glided 4.93%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
ASE Technology Holding Co.Ltd ADR [NYSE: ASX] stock has seen the most recent analyst activity on October 15, 2024, when UBS upgraded its rating to a Buy. Previously, Morgan Stanley upgraded its rating to Overweight on September 16, 2024. On June 25, 2024, downgrade downgraded it’s rating to Equal-Weight. Goldman upgraded its rating to a Buy and increased its price target to $9.20 on July 28, 2023. HSBC Securities downgraded its rating to a Hold but $6.47 remained the price target by the analyst firm on June 28, 2023. China Renaissance downgraded its rating to Hold for this stock on February 10, 2023. In a note dated October 07, 2021, Goldman downgraded an Neutral rating on this stock and revised its target price from $13.30 to $8.10.
ASE Technology Holding Co.Ltd ADR experienced fluctuations in its stock price throughout the past year between $8.10 and $12.86. ASE Technology Holding Co.Ltd ADR [NYSE: ASX] shares were valued at $10.01 at the most recent close of the market.
Analyzing the ASX fundamentals
Trailing Twelve Months sales for ASE Technology Holding Co.Ltd ADR [NYSE:ASX] were 18.55B which represents 1.85% growth. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.93 points at the first support level, and at 9.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.09, and for the 2nd resistance point, it is at 10.18.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ASE Technology Holding Co.Ltd ADR [NYSE:ASX] is 1.18. In addition, the Quick Ratio stands at 0.89 and the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 1.17, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 21.87.
