Zacks Rating on Advanced Semiconductor Engineering (ASX)

Advanced Semiconductor Engineering (ASX) : The consensus on Advanced Semiconductor Engineering (ASX) based on 2 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.


Shares of Advanced Semiconductor Engineering Inc. rose by 0.33% in the last five trading days and 6.17% for the last 4 weeks. Advanced Semiconductor Engineering Inc. is up 27.81% in the last 3-month period. Year-to-Date the stock performance stands at 6.17%. Advanced Semiconductor Engineering (NYSE:ASX): stock turned positive on Tuesday. Though the stock opened at $6, the bulls momentum made the stock top out at $6.04 level for the day. The stock recorded a low of $5.97 and closed the trading day at $6.02, in the green by 2.03%. The total traded volume for the day was 749,413. The stock had closed at $5.9 in the previous days trading.

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.

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