ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday. The company traded as high as $46.54 and last traded at $46.54, with a volume of 325 shares. The stock had previously closed at $45.6960.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised ASX from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $57.00.
Get Our Latest Analysis on ASXFY
ASX Trading Up 2.5%
The firm’s fifty day moving average is $41.36 and its two-hundred day moving average is $38.90.
ASX Company Profile
ASE Technology Holding Co, Ltd. is a Taiwan-based semiconductor manufacturing services company. Through its subsidiaries, including Advanced Semiconductor Engineering, Inc (ASE) and Siliconware Precision Industries Co, Ltd. (SPIL), the company provides outsourced semiconductor assembly and test (OSAT) services to chip manufacturers and electronics companies.
Its services include wafer probing, wafer bumping, chip assembly, packaging, final testing and electronic manufacturing services.
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