ASE Technology Holding Co.Ltd ADR (ASX) saw an uptrend of 1.33% in the recent trading with $9.88 being its most recent. The current price level -23.17% lower than the highest price of $12.86 marked by the stock while trading over the past 52-weeks, whereas it is 21.98% higher than the lowest price of $8.10 the company dropped to over past 52-weeks. The latest news story on ASX appeared in (Zacks) under the title “New Strong Sell Stocks for March 21st” on.
Squeezing the time span to 30 day period shows us the stock is currently trading -9.77% below one month high and is +6.12% above of the lowest during that time. Looking into the simple moving average, ASE Technology Holding Co.Ltd ADR (ASX)’s stock stands at a SMA-50 of $10.23 while that of 5-day is reading $9.80.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ASX’s SMA-200 as of now is $10.22.
ASE Technology Holding Co.Ltd ADR Earnings – What Happened With ASX
Coming around sales and income figures on ASX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
ASX – ASE Technology Holding Co.Ltd ADR Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 2.17 billion. ASX does have institutional investors; and they hold 7.77% of the stock.
ASE Technology Holding Co.Ltd ADR – Insider Activity and Holdings
As on 2024-06-30, LAZARD ASSET MANAGEMENT LLC was the top most holder in ASE Technology Holding Co.Ltd ADR (NYSE:ASX) with an ownership of 21.12 million shares of the company or 0.4893 of the stake worth $241.21 million. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 0.3356 of the outstanding shares. Its stake is worth $165.3 million for having 14.47 million shares in hand.
FISHER ASSET MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.317 of the outstanding shares. With this there are now 372.0 institutions which have possession in ASX’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, ASE Technology Holding Co.Ltd ADR has a debt to equity ratio of 0.62.
Technical Analysis of ASE Technology Holding Co.Ltd ADR (NYSE:ASX) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for ASE Technology Holding Co.Ltd ADR (ASX), we notice that the stock’s 20-day average volume is at 10,934,655 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 10,202,716 shares. And to end, ASX’s 100-day average volume is 8,965,011 shares with 100% of the long-term indicators pointing towards Sell for the stock.
