In the last trading session, 13.36 million shares of the ASE Technology Holding Co.Ltd ADR (NYSE:ASX) were traded, and its beta was 1.24. Most recently the company’s share price was $10.36, and it changed around $0.31 or 3.08% from the last close, which brings the market valuation of the company to $22.51B. ASX currently trades at a discount to its 52-week high of $12.86, offering almost -24.13% off that amount. The share price’s 52-week low was $6.94, which indicates that the current value has risen by an impressive 33.01% since then.
ASE Technology Holding Co.Ltd ADR (NYSE:ASX) trade information
Instantly ASX has showed a green trend with a performance of 3.08% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.40 on recent trading dayincreased the stock’s daily price by 0.38%. The company’s shares are currently up 2.88% year-to-date, but still up 4.65% over the last five days. On the other hand, ASE Technology Holding Co.Ltd ADR (NYSE:ASX) is 1.97% up in the 30-day period.
ASE Technology Holding Co.Ltd ADR (ASX) estimates and forecasts
The year-over-year growth rate is expected to be 9.72%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 150.44B in revenue for the current quarter. 12 analysts expect ASE Technology Holding Co.Ltd ADR to make 170.83B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 140.24B and 160.1B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.27%. Forecasts for the next quarter put sales growth at 6.70%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.80%. ASE Technology Holding Co.Ltd ADR earnings are expected to increase by 40.68% in 2025, but the outlook is positive 31.20% per year for the next five years.
ASX Dividends
ASE Technology Holding Co.Ltd ADR’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 3.05 percent and its annual dividend per share was 0.32. It is important to note, however, that the 3.05% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
BLACKROCK INC., with 0.3353% or 14.47 million shares worth $165.3 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
