ASE Technology Holding Co.Ltd ADR [NYSE: ASX] stock went on a downward path that fall over -5.17% on Friday, amounting to a one-week price decrease of less than -9.74%.
Over the last 12 months, ASX stock dropped by -19.85%. The one-year ASE Technology Holding Co.Ltd ADR stock forecast points to a potential upside of 11.82.
The market cap for the stock reached $19.10 billion, with 2.17 billion shares outstanding and 2.17 billion shares in the current float. Compared to the average trading volume of 10.13M shares, ASX stock reached a trading volume of 12884248 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on ASE Technology Holding Co.Ltd ADR [ASX]:
UBS have made an estimate for ASE Technology Holding Co.Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 15, 2024. The new note on the price target was released on September 16, 2024, representing the official price target for ASE Technology Holding Co.Ltd ADR stock. On July 28, 2023, analysts increased their price target for ASX shares from 6.60 to 9.20.
The Average True Range (ATR) for ASE Technology Holding Co.Ltd ADR is set at 0.31, with the Price to Sales ratio for ASX stock in the period of the last 12 months amounting to 1.03. The Price to Book ratio for the last quarter was 1.93, with the Price to Cash per share for the same quarter was set at 1.19. Price to Free Cash Flow for ASX in the course of the last twelve months was 50.34 with Quick ratio for the last quarter at 0.93.
ASX Stock Performance Analysis:
ASE Technology Holding Co.Ltd ADR [ASX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.74. With this latest performance, ASX shares dropped by -12.26% in over the last four-week period, additionally sinking by -13.64% over the last 6 months – not to mention a drop of -19.85% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASX stock in for the last two-week period is set at 30.80, with the RSI for the last a single of trading hit 23.63, and the three-weeks RSI is set at 35.43 for ASE Technology Holding Co.Ltd ADR [ASX]. The present Moving Average for the last 50 days of trading for this stock 10.16, while it was recorded at 9.44 for the last single week of trading, and 10.19 for the last 200 days.
Insight into ASE Technology Holding Co.Ltd ADR Fundamentals:
ASE Technology Holding Co.Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.93 and a Current Ratio set at 1.19.
ASX Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ASX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ASE Technology Holding Co.Ltd ADR go to 31.07%.
ASE Technology Holding Co.Ltd ADR [ASX] Institutonal Ownership Details
There are presently around $8.04%, or 8.04%% of ASX stock, in the hands of institutional investors. The top three institutional holders of ASX stocks are: LAZARD ASSET MANAGEMENT LLC with ownership of 21.12 million shares, which is approximately 0.4893%. BLACKROCK INC., holding 14.47 million shares of the stock with an approximate value of $$165.3 million in ASX stocks shares; and BLACKROCK INC., currently with $$156.3 million in ASX stock with ownership which is approximately 0.317%.
