Advanced Semiconductor Engineering (NYSE:ASX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 2 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Major Brokerage house, UBS upgrades its ratings on Advanced Semiconductor Engineering (NYSE:ASX). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on May 31, 2016.
Advanced Semiconductor Engineering (NYSE:ASX) witnessed a decline in the market cap on Tuesday as its shares dropped 0.36% or 0.02 points. After the session commenced at $5.49, the stock reached the higher end at $5.52 while it hit a low of $5.46. With the volume soaring to 1,470,398 shares, the last trade was called at $5.5. The company has a 52-week high of $6.99. The company has a market cap of $8,710 million and there are 1,583,654,600 shares in outstanding. The 52-week low of the share price is $4.395.
Shares of Advanced Semiconductor Engineering Inc. rose by 1.29% in the last five trading days and 23.6% for the last 4 weeks. Advanced Semiconductor Engineering Inc. has dropped 4.01% during the last 3-month period . Year-to-Date the stock performance stands at -3%.
Advanced Semiconductor Engineering, Inc. is an independent provider of semiconductor packaging and testing services. The Company packages bare semiconductors into finished semiconductors with enhanced electrical and thermal characteristics, provides testing services, including front-end engineering testing, wafer probing and final testing services, and provides electronics manufacturing services. It also engages in other activities, such as substrate production and real estate business. The Company operates through the following segments: Packaging, Testing and Electronic Manufacturing Services. The Company offers a range of package types to meet the requirements of its customers, with a focus on advanced packaging solutions. The Company provides a range of semiconductor testing services, including front-end engineering testing, wafer probing, testing and test-related services. It provides integrated solutions for electronic manufacturing services.