During the afternoon session, ASE Technology moved -1.6%, compared to 0.76% for the S&P 500.
ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. Based in Kaohsiung, Taiwan the company has 99,104 full time employees and a market cap of $16,025,353,056. ASE Technology currently offers its equity investors a dividend that yields 92.1% per year.
The company is now trading 20.18% away from its average analyst target price of $6.22 per share. The 3 analysts following the stock have set target prices ranging from $5.67 to $7, and on average give ASE Technology a rating of buy.
Over the last year, ASX shares have gone up 12.3%, which represents a difference of 20.6% when compared to the S&P 500. The stock's 52 week high is $7.81 per share whereas its 52 week low is $4.45. Based on ASE Technology's average gross margins growth of 11.7% over the last four years, the business is effectively cutting costs.
|Date Reported||Revenue ($ MM)||Cost of Revenue ($ MM)||Gross Margins (%)||YoY Growth (%)|