Mirae Asset Global Investments Co. Ltd. bought a new position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 70,000 shares of the semiconductor company's stock, valued at approximately $710,000.
Several other hedge funds have also recently modified their holdings of ASX. R Squared Ltd bought a new stake in shares of ASE Technology in the 4th quarter worth approximately $51,000. Wilmington Savings Fund Society FSB bought a new stake in shares of ASE Technology in the 3rd quarter worth approximately $77,000. GAMMA Investing LLC raised its holdings in shares of ASE Technology by 28.0% in the 4th quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company's stock worth $96,000 after purchasing an additional 2,083 shares during the period. Werba Rubin Papier Wealth Management bought a new stake in shares of ASE Technology in the 3rd quarter worth approximately $100,000. Finally, Leo Wealth LLC bought a new stake in shares of ASE Technology in the 3rd quarter worth approximately $114,000. Institutional investors own 6.80% of the company's stock.
ASE Technology Stock Performance
Shares of NYSE:ASX traded up $0.04 during mid-day trading on Friday, reaching $10.85. The company had a trading volume of 8,073,853 shares, compared to its average volume of 9,461,564. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38. The firm has a market cap of $23.81 billion, a price-to-earnings ratio of 24.10, a PEG ratio of 0.42 and a beta of 1.17. The company's 50-day moving average price is $10.29 and its 200-day moving average price is $9.96. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86.
ASE Technology (NYSE:ASX - Get Free Report) last issued its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). ASE Technology had a net margin of 5.47% and a return on equity of 10.05%. As a group, equities research analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.48 EPS for the current fiscal year.
About ASE Technology
(
Free Report)
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.
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