Shares of ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $37.5250, but opened at $39.40. ASX shares last traded at $39.35, with a volume of 1,521 shares.
Analyst Ratings Changes
Separately, Zacks Research downgraded shares of ASX from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $57.00.
Get Our Latest Stock Report on ASXFY
ASX Stock Up 2.3%
About ASX
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.
Read More
- Five stocks we like better than ASX
- PayPal Stock Surges on $53 Billion Stripe-Advent Buyout Bid
- AI’s Power Crunch Fuels a Pivot for These 2 Oilfield Stocks
- Why Conagra’s Dividend Cut Could Be the Best Thing for Investors
- Japan’s Crypto Overhaul Could Open the Door to a Wave of Institutional Money
Receive News & Ratings for ASX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASX and related companies with MarketBeat.com's FREE daily email newsletter.
