During the recent session, ASE Technology Holding Co.Ltd ADR (NYSE:ASX)’s traded shares were 2.38 million, with the beta value of the company hitting 1.24. At the last check today, the stock’s price was $9.89, reflecting an intraday gain of 3.02% or $0.29. The 52-week high for the ASX share is $12.86, that puts it down -30.03 from that peak though still a striking 26.69% gain since the share price plummeted to a 52-week low of $7.25. The company’s market capitalization is $21.35B, and the average intraday trading volume over the past 10 days was 8.86 million shares, and the average trade volume was 8.88 million shares over the past three months.

ASE Technology Holding Co.Ltd ADR (ASX) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.85. ASX has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.15.

ASE Technology Holding Co.Ltd ADR (NYSE:ASX) trade information

ASE Technology Holding Co.Ltd ADR (ASX) registered a 3.02% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.02% in intraday trading to $9.89, hitting a weekly high. The stock’s 5-day price performance is 3.67%, and it has moved by -0.50% in 30 days. Based on these gigs, the overall price performance for the year is 29.28%. The short interest in ASE Technology Holding Co.Ltd ADR (NYSE:ASX) is 11.6 million shares and it means that shorts have 1.13 day(s) to cover.

ASE Technology Holding Co.Ltd ADR (ASX) estimates and forecasts

Statistics show that ASE Technology Holding Co.Ltd ADR has outperformed its competitors in share price, compared to the industry in which it operates. ASE Technology Holding Co.Ltd ADR (ASX) shares have gone down -11.62% during the last six months, with a year-to-date growth rate more than the industry average at 10.87% against -6.40. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 15.40% this quarter and then jump 46.20% in the quarter after that. In the rating firms’ projections, revenue will increase 5.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.15B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 5.83B by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 3.72%. While earnings are projected to return 6.49% in 2024, the next five years will return 29.50% per annum.

ASX Dividends

ASE Technology Holding Co.Ltd ADR is due to release its next quarterly earnings on 2024-Oct-23. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for ASE Technology Holding Co.Ltd ADR is 0.32, with the dividend yield indicating at 3.20 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.71%.

The next largest institutional holding, with 14.47 million shares, is of BLACKROCK INC.’s that is approximately 0.3356% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $165.3 million.