ASUSTeK Computer (ASUUY) Expected to Announce Quarterly Earnings on Tuesday

ASUSTeK Computer (OTCMKTS:ASUUY) will likely be posting its results before the market opens on Tuesday, March 10th. Analysts expect ASUSTeK Computer to post earnings of $1.52 per share and revenue of $5.8525 billion for the quarter.

ASUSTeK Computer Stock Performance

OTCMKTS ASUUY remained flat at $80.00 on Wednesday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 298. ASUSTeK Computer has a 1-year low of $57.73 and a 1-year high of $115.00. The firm’s 50-day simple moving average is $83.48 and its 200-day simple moving average is $93.42.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of ASUSTeK Computer to a “neutral” rating in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, ASUSTeK Computer has a consensus rating of “Hold”.

ASUSTeK Computer Company Profile

ASUSTeK Computer Inc, commonly known as ASUS, is a Taiwanese multinational company specializing in the design and manufacture of computer hardware, electronics and related services. Founded in 1989 in Taipei by T.H. Tung, Ted Hsu, Wayne Hsieh and M.T. Liao, ASUS has grown into one of the world’s leading suppliers of motherboards, graphics cards, desktops and laptops. The company’s portfolio also extends to monitors, networking equipment, servers, workstations and accessories tailored for both consumer and enterprise markets.

ASUS is perhaps best known for its Republic of Gamers (ROG) brand, which offers high-performance products aimed at gamers and e-sports enthusiasts.