ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $45.75 and last traded at $45.75, with a volume of 1,360 shares changing hands. The stock had previously closed at $45.05.
Analysts Set New Price Targets
Separately, Zacks Research raised shares of ASX from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, ASX has an average rating of “Moderate Buy” and a consensus price target of $57.00.
View Our Latest Research Report on ASXFY
ASX Stock Up 1.1%
The business has a 50 day moving average price of $41.07 and a two-hundred day moving average price of $39.54.
About ASX
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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