ASE Technology (ASX) to Release Quarterly Earnings on Thursday

ASE Technology (NYSE:ASX) is set to announce its earnings results before the market opens on Thursday, October 31st. Investors interested in listening to the company’s conference call can do so using this link.

ASE Technology Trading Down 1.7 %

Shares of ASX opened at $10.14 on Tuesday. The stock has a fifty day moving average of $9.86 and a two-hundred day moving average of $10.42. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.90 and a current ratio of 1.17. The company has a market capitalization of $22.23 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 0.65 and a beta of 1.22. ASE Technology has a fifty-two week low of $7.33 and a fifty-two week high of $12.86.

Wall Street Analysts Forecast Growth

ASX has been the subject of a number of research analyst reports. Morgan Stanley upgraded ASE Technology from an “equal weight” rating to an “overweight” rating in a report on Monday, September 16th. StockNews.com downgraded ASE Technology from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Finally, UBS Group upgraded ASE Technology from a “neutral” rating to a “buy” rating in a report on Tuesday, October 15th.

About ASE Technology

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.