ASX (OTCMKTS:ASXFY) Stock Rating Lowered by Zacks Research

ASX (OTCMKTS:ASXFYGet Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday,Zacks.com reports.

ASX Stock Performance

ASXFY opened at $37.63 on Wednesday. The business has a 50-day moving average of $37.57 and a two-hundred day moving average of $37.40. ASX has a 12 month low of $32.12 and a 12 month high of $48.43.

About ASX

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The Australian Securities Exchange (OTCMKTS:ASXFY) is Australia’s primary securities exchange operator, providing a comprehensive range of capital-markets services. Its core activities include the listing and trading of equities, exchange-traded funds, fixed income products, derivatives and commodities. ASX also operates clearing and settlement facilities through its Clearing House Electronic Subregister System (CHESS), ensuring the integrity and efficiency of post-trade processes for both domestic and international participants.

Established in 1987 through the merger of six state-based exchanges and demutualized in 1998, ASX has continually invested in market infrastructure and technology.

Further Reading

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