Shares of ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) hit a new 52-week high during trading on Wednesday. The company 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.
Analysts Set New Price Targets
Separately, Zacks Research cut 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 MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $57.00.
Get Our Latest Stock Report on ASXFY
ASX Price Performance
The company has a fifty day simple moving average of $41.81 and a 200-day simple moving average of $39.12.
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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