ASX (OTCMKTS:ASXFY) Cut to Hold at Zacks Research

ASX (OTCMKTS:ASXFY – Get Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.

ASX Price Performance

Shares of ASXFY opened at $46.09 on Monday. The firm has a fifty day simple moving average of $41.81 and a two-hundred day simple moving average of $39.12. ASX has a twelve month low of $32.12 and a twelve month high of $46.70.

ASX Company Profile

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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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