ASE Technology Soars Today

ASE Technology logged a 4.5% change during today's morning session, and is now trading at a price of $8.3 per share. The S&P 500 index moved 0.0%. ASX's trading volume is 860,889 compared to the stock's average volume of 5,467,306.

ASE Technology trades 14.01% away from its average analyst target price of $7.28 per share. The 3 analysts following the stock have set target prices ranging from $6.6 to $7.9, and on average have given ASE Technology a rating of buy.

Anyone interested in buying ASX should be aware of the facts below:

  • ASE Technology's current price is -95.5% below its Graham number of $184.49, which implies the stock has a margin of safety

  • ASE Technology has moved 10.9% over the last year, and the S&P 500 logged a change of 2.7%

  • Based on its trailing earnings per share of 0.84, ASE Technology has a trailing 12 month Price to Earnings (P/E) ratio of 9.9 while the S&P 500 average is 15.97

  • ASX has a forward P/E ratio of 9.5 based on its forward 12 month price to earnings (EPS) of $0.87 per share

  • The company has a price to earnings growth (PEG) ratio of -3.26 — a number near or below 1 signifying that ASE Technology is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 0.07 compared to its sector average of 6.23

  • 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.

  • Based in Kaohsiung, the company has 94,172 full time employees and a market cap of $17.85 Billion. ASE Technology currently returns an annual dividend yield of 110.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.