SG Americas Securities LLC invests $9 million in ASE Expertise Holding Co., Ltd. (NYSE: ASX)

SG Americas Securities LLC has bought a brand new stake in ASE Expertise Holding Co., Ltd. (listed on the New York Inventory Change below the image: ASX – Get the ranking) within the fourth quarter in response to its newest disclosure to the Securities and Change Fee. The corporate bought 1,435,327 shares of semiconductor inventory, valued at roughly $9,000,000. SG Americas Securities LLC owned roughly 0.07% of shares in ASE Expertise on the finish of the latest reporting interval.

A number of different massive traders have additionally not too long ago modified their inventory holdings. Penserra Capital Administration LLC bought a brand new place in shares of ASE Expertise within the third quarter price roughly $34,000. Ballentine Companions LLC bought a brand new stake in shares of ASE Expertise through the third quarter price roughly $51,000. Circulate Merchants US LLC bought a brand new stake in ASE Expertise within the third quarter for $52,000. Raymond James Monetary Companies Advisors Inc. Bought a brand new place in shares of ASE Expertise within the third quarter of $53,000. Lastly, Drive Wealth Administration LLC bought a brand new place in ASE Expertise inventory within the third quarter for $57,000. Hedge funds and different institutional traders personal 7.03% of the corporate’s shares.

Expertise shares rose 0.1% on the Amman Inventory Change

ASX shares opened at $7.11 on Friday. The corporate has a debt-to-equity ratio of 0.44, a fast ratio of 0.93 and a buying and selling ratio of 1.31. ASE Expertise Holding Co., Ltd. It has a one-year low of $4.45 and a one-year excessive of $7.97. The inventory has a market capitalization of $15.53 billion, a price-to-earnings ratio of seven.48 and a beta of 1.22. The 50-day transferring common value per share is $7.44 and the 200-day transferring common value is $6.67.

ASE Expertise (NYSE: ASX) Get the ranking) final revealed its quarterly earnings outcomes on Thursday, February ninth. The semiconductor firm reported earnings of $0.23 per share for the quarter, beating the consensus estimate of $0.21 by $0.02. The corporate generated $5.66 billion in income through the quarter. The online revenue margin on the ASE was 9.26% and the return on fairness was 21.28%. Fairness analysis analysts anticipated ASE Expertise Holding Co., Ltd. 0.82 earnings per share for the present fiscal yr.

Analyst ranking modifications

Many brokerages have issued studies on the ASX. China Renaissance Expertise downgraded ASE from a “purchase” ranking to a “maintain” ranking in a analysis report on Thursday, February ninth. StockNews.com Protection of ASE Expertise started in a report on Thursday, March sixteenth. They assigned a “Purchase” ranking to the corporate.

ASE know-how file

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ASE Expertise Holding Co, Ltd. Engaged in offering semiconductor manufacturing companies. It develops and delivers full turnkey options in IC (Built-in Circuit) packaging, interconnect materials design and manufacturing, front-end engineering testing, wafer inspection and remaining testing, in addition to digital manufacturing companies.

See additionally

Corporate Ownership By Quarter For Ase Technology (Nyse:asx)

This on the spot information alert was created by MarketBeat’s narrative science and monetary information know-how to offer readers with the quickest, most correct reporting doable. This story was reviewed by the MarketBeat editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected].

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