ASX (OTCMKTS:ASXFY) Rating Lowered to “Hold” at Zacks Research

ASX (OTCMKTS:ASXFY – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

ASX Trading Down 0.6%

Shares of OTCMKTS ASXFY opened at $46.09 on Monday. ASX has a 1 year low of $32.12 and a 1 year high of $46.70. The company’s 50-day moving average is $41.81 and its 200 day moving average is $39.12.

About ASX

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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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