ASE Technology (ASX) Expected to Announce Quarterly Earnings on Thursday

ASE Technology (NYSE:ASX) is projected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect ASE Technology to post earnings of $0.16 per share and revenue of $158.74 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

ASE Technology Trading Up 0.5 %

ASX stock opened at $10.34 on Wednesday. ASE Technology has a twelve month low of $8.10 and a twelve month high of $12.86. The stock has a market capitalization of $22.69 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 0.42 and a beta of 1.17. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 0.38. The firm’s fifty day simple moving average is $10.25 and its two-hundred day simple moving average is $9.94.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded ASE Technology from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 15th.

ASE Technology Company Profile

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. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.