ASX (OTCMKTS:ASXFY) Sets New 1-Year High – Here’s What Happened

Shares of ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) reached a new 52-week high during trading on Wednesday. The stock traded as high as $47.0959 and last traded at $47.0959, with a volume of 153 shares trading hands. The stock had previously closed at $46.35.

Analyst Ratings Changes

Separately, Zacks Research cut shares of ASX from a “strong-buy” rating to a “hold” rating in a report on Monday. Three equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $57.00.

Read Our Latest Research Report on ASX

ASX Trading Down 1.0%

The firm has a fifty day moving average of $42.06 and a 200 day moving average of $39.24.

ASX Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for ASX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASX and related companies with MarketBeat.com's FREE daily email newsletter.