ASE Technology Holding Co. Ltd. American Depositary Shares (each representing Two) (NYSE:ASX) traded at a new 52-week high today of $9.17. So far today approximately 433,000 shares have been exchanged, as compared to an average 30-day volume of 2.5 million shares.
ASE Technology Holding Co. Ltd. American Depositary Shares (each representing Two) (NYSE:ASX) is currently priced 41.4% above its average consensus analyst price target of $5.37.
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufacture and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.
In the past 52 weeks, ASE Technology Holding Co. Ltd. American Depositary Shares (each representing Two) share prices are bracketed by a low of $3.88 and a high of $9.17 and is now at $9.16, 136% above that low price.
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