ASE Technology Holding Co.Ltd ADR (NYSE:ASX) shares, rose in value, with the stock price up by 2.04% to the previous day’s close as strong demand from buyers drove the stock to $10.07.
Actively observing the price movement in the recent trading, the stock is buoying the session at $9.87, falling within a range of $10.01 and $10.1198. The value of beta (5-year monthly) is 1.037 whereas the PE ratio is 22.00 over 12-month period. Referring to stock’s 52-week performance, its high was $12.86, and the low was $8.10. On the whole, ASX has fluctuated by 4.58% over the past month.
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With the market capitalization of ASE Technology Holding Co.Ltd ADR currently standing at about $21.85 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.32, with its dividend yield at 3.14%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ASX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.71, with the price of ASX currently trading nearly 2.00% and 1.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.85, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 2.11%. Furthermore, ASE Technology Holding Co.Ltd ADR (ASX)’s beta value is 1.22, and its average true range (ATR) is 0.26.
A comparison of ASE Technology Holding Co.Ltd ADR (ASX) with its peers suggests the former has fared considerably weaker in the market. ASX showed an intraday change of 2.04% in today’s session so far, and over the past year, it grew by 11.90%%.
Data on historical trading for ASE Technology Holding Co.Ltd ADR (NYSE:ASX) indicates that the trading volumes over the past 10 days have averaged 7.0 and over the past 3 months, they’ve averaged 6.71 million. According to company’s latest data on outstanding shares, there are 2.17 billion shares outstanding.
Nearly 0.00% of ASE Technology Holding Co.Ltd ADR’s shares belong to company insiders and institutional investors own 7.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.78 million shares as on 2024-11-29, resulting in a short ratio of 1.56. According to the data, the short interest in ASE Technology Holding Co.Ltd ADR (ASX) stood at 64.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 11.93 million. The stock has risen by 7.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ASX stock heading into the next quarter.
