Shares of Advanced Semiconductor Engineering (NYSE:ASX) have been given an average recommendation of “Buy” by the six analysts that are currently covering the company. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company.

Several analysts have recently issued reports on ASX shares. Zacks Investment Research lowered Advanced Semiconductor Engineering from a “hold” rating to a “sell” rating in a report on Friday, October 28th. Jefferies Group raised Advanced Semiconductor Engineering to a “neutral” rating in a report on Monday, August 1st.

Hedge funds have recently made changes to their positions in the company. Swarthmore Group Inc. increased its stake in shares of Advanced Semiconductor Engineering by 18.2% in the second quarter. Swarthmore Group Inc. now owns 19,800 shares of the company’s stock valued at $110,000 after buying an additional 3,050 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Advanced Semiconductor Engineering during the third quarter valued at $118,000. BNP Paribas Arbitrage SA acquired a new stake in shares of Advanced Semiconductor Engineering during the third quarter valued at $128,000. KCG Holdings Inc. increased its stake in shares of Advanced Semiconductor Engineering by 17.0% in the third quarter. KCG Holdings Inc. now owns 21,799 shares of the company’s stock valued at $129,000 after buying an additional 3,167 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Advanced Semiconductor Engineering by 9.5% in the first quarter. Geode Capital Management LLC now owns 23,046 shares of the company’s stock valued at $134,000 after buying an additional 2,000 shares in the last quarter. Institutional investors and hedge funds own 7.25% of the company’s stock.

Advanced Semiconductor Engineering (NYSE:ASX) opened at 5.31 on Monday. The company has a 50 day moving average price of $5.81 and a 200-day moving average price of $5.66. The company has a market capitalization of $8.14 billion, a PE ratio of 15.39 and a beta of 0.62. Advanced Semiconductor Engineering has a 12-month low of $4.39 and a 12-month high of $6.23.

Advanced Semiconductor Engineering Company Profile

Advanced Semiconductor Engineering, Inc is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services.

5 Day Chart for NYSE:ASX

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