ASE Technology Holding Co., Ltd. (NYSE:ASX - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $11.49 and last traded at $11.43, with a volume of 124421 shares trading hands. The stock had previously closed at $10.47.
ASE Technology Price Performance
The stock's 50-day moving average price is $10.24 and its 200 day moving average price is $9.72. The firm has a market cap of $24.57 billion, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of 0.63 and a beta of 1.34. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.57.
ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.03). The company had revenue of $5.07 billion for the quarter, compared to analyst estimates of $150.44 billion. ASE Technology had a net margin of 5.48% and a return on equity of 10.33%. Equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.
ASE Technology Increases Dividend
The firm also recently declared an annual dividend, which was paid on Wednesday, August 6th. Investors of record on Wednesday, July 2nd were given a $0.359 dividend. This represents a yield of 230.0%. This is a boost from ASE Technology's previous annual dividend of $0.32. The ex-dividend date of this dividend was Wednesday, July 2nd. ASE Technology's dividend payout ratio (DPR) is currently 55.32%.
Institutional Trading of ASE Technology
Several large investors have recently added to or reduced their stakes in ASX. Acadian Asset Management LLC grew its stake in ASE Technology by 35.0% during the first quarter. Acadian Asset Management LLC now owns 10,973,038 shares of the semiconductor company's stock worth $96,110,000 after buying an additional 2,842,631 shares during the last quarter. Rafferty Asset Management LLC boosted its stake in ASE Technology by 50.9% in the second quarter. Rafferty Asset Management LLC now owns 7,392,190 shares of the semiconductor company's stock valued at $76,361,000 after acquiring an additional 2,491,918 shares during the last quarter. Millennium Management LLC boosted its stake in ASE Technology by 111.1% in the first quarter. Millennium Management LLC now owns 3,836,018 shares of the semiconductor company's stock valued at $33,604,000 after acquiring an additional 2,018,815 shares during the last quarter. Bank of America Corp DE boosted its stake in ASE Technology by 18.8% in the second quarter. Bank of America Corp DE now owns 8,815,184 shares of the semiconductor company's stock valued at $91,061,000 after acquiring an additional 1,397,206 shares during the last quarter. Finally, Jump Financial LLC boosted its stake in ASE Technology by 897.5% in the second quarter. Jump Financial LLC now owns 1,366,018 shares of the semiconductor company's stock valued at $14,111,000 after acquiring an additional 1,229,068 shares during the last quarter. 6.80% of the stock is owned by institutional investors.
About ASE Technology
(
Get Free Report)
ASE Technology Holding Co, Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.
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