ASX (OTCMKTS:ASXFY) Upgraded by Zacks Research to “Hold” Rating

ASX (OTCMKTS:ASXFYGet Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

ASX Stock Down 2.2%

Shares of OTCMKTS:ASXFY opened at $39.86 on Tuesday. The business’s 50 day moving average is $38.47 and its 200 day moving average is $38.27. ASX has a 12-month low of $32.12 and a 12-month high of $45.74.

ASX Company Profile

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The Australian Securities Exchange (OTCMKTS:ASXFY) is Australia’s primary securities exchange operator, providing a comprehensive range of capital-markets services. Its core activities include the listing and trading of equities, exchange-traded funds, fixed income products, derivatives and commodities. ASX also operates clearing and settlement facilities through its Clearing House Electronic Subregister System (CHESS), ensuring the integrity and efficiency of post-trade processes for both domestic and international participants.

Established in 1987 through the merger of six state-based exchanges and demutualized in 1998, ASX has continually invested in market infrastructure and technology.

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