ASE Technology (ASX) Projected to Post Quarterly Earnings on Thursday

ASE Technology (NYSE:ASX - Get Free Report) is expected to announce its 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. Individual interested in participating in the company's earnings conference call can do so using this link.

ASE Technology Price Performance

Shares of NYSE ASX traded up $0.01 during midday trading on Friday, reaching $10.12. 7,886,694 shares of the stock traded hands, compared to its average volume of 9,461,564. The company's 50 day moving average is $10.24 and its 200 day moving average is $9.94. ASE Technology has a one year low of $8.10 and a one year high of $12.86. The stock has a market capitalization of $22.20 billion, a PE ratio of 22.48, a P/E/G ratio of 0.42 and a beta of 1.17. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.18 and a quick ratio of 0.89.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of ASE Technology from a "neutral" rating to a "buy" rating in a 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.