How Do Analysts Perceive ASE Technology Holding Co.Ltd ADR (ASX)?

ASE Technology Holding Co.Ltd ADR (ASX) saw downtrend of -2.46% in the recent trading with $13510000.0 being its most recent. The current price level -19.67% lower than the highest price of $12.86 marked by the stock while trading over the past 52-weeks, whereas it is 48.85% higher than the lowest price of $6.94 the company dropped to over past 52-weeks. The latest news story on ASX appeared in (DigiTimes) under the title “ASE group Chair’s daughter joins board, fuels succession rumors” on Jun-25-25.

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of N/A for the stock.

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.

ASE Technology Holding Co.Ltd ADR – Insider Activity and Holdings

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 8.19% of the stock.

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 0.3353 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 377.0 institutions which have possession in ASX’s shares.

Key Metrics forASX

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 0.70.

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 12,773,065 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 25% are spotting the stock at Sell with its 50-day average volume of 12,549,864 shares. And to end, ASX’s 100-day average volume is 12,391,527 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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