ASE Technology (NYSE:ASX) Announces Quarterly Earnings Results

ASE Technology (NYSE:ASX) posted its quarterly earnings data on Thursday. The semiconductor company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03), Zacks reports. ASE Technology had a net margin of 5.47% and a return on equity of 10.05%.

ASE Technology Trading Up 4.5 %

NYSE ASX traded up $0.47 during mid-day trading on Thursday, reaching $10.71. 2,601,570 shares of the stock were exchanged, compared to its average volume of 9,319,518. The business’s fifty day simple moving average is $10.26 and its 200 day simple moving average is $9.94. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.89 and a current ratio of 1.18. The stock has a market capitalization of $23.50 billion, a PE ratio of 23.79, a PEG ratio of 0.42 and a beta of 1.17. ASE Technology has a 1-year low of $8.10 and a 1-year high of $12.86.

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.