ASE Technology Holding Co., Ltd. (NYSE:ASX - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $10.99, but opened at $10.77. ASE Technology shares last traded at $10.95, with a volume of 609,279 shares changing hands.
ASE Technology Stock Down 1.5 %
The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. The stock has a market cap of $23.65 billion, a P/E ratio of 23.04, a PEG ratio of 0.57 and a beta of 1.25. The firm has a 50-day simple moving average of $10.12 and a two-hundred day simple moving average of $8.95.
ASE Technology (NYSE:ASX - Get Free Report) last posted its quarterly earnings data on Wednesday, January 31st. The semiconductor company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. The firm had revenue of $5.05 billion for the quarter. ASE Technology had a return on equity of 10.31% and a net margin of 5.44%. During the same quarter in the previous year, the business earned $0.23 EPS. Equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.67 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Hennessy Advisors Inc. increased its position in ASE Technology by 21.7% during the 4th quarter. Hennessy Advisors Inc. now owns 15,210 shares of the semiconductor company's stock worth $143,000 after buying an additional 2,710 shares during the period. Sivia Capital Partners LLC bought a new position in shares of ASE Technology in the fourth quarter worth $352,000. Goldman Sachs Group Inc. increased its position in shares of ASE Technology by 35.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,884,868 shares of the semiconductor company's stock worth $36,557,000 after purchasing an additional 1,009,795 shares during the period. Virtu Financial LLC bought a new position in shares of ASE Technology in the fourth quarter worth $667,000. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of ASE Technology by 21.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 50,347 shares of the semiconductor company's stock worth $474,000 after purchasing an additional 8,722 shares during the period. Institutional investors own 6.80% of the company's stock.
About ASE Technology
(
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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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