Mid-day Mover: Advanced Semiconductor Engineering Inc. (ASX)

Advanced Semiconductor Engineering Inc. (ASX) plummeted -1.24 percent and ended the day at $6.35. The Average Volume of the company is 1.23 Million and P/E (price to earnings) ratio is 16.41, while Forward P/E ratio is 11.34.

Goldman Downgrade its coverage for Advanced Semiconductor Engineering Inc. (ASX) in a note sent to investors on 25-Nov-16. The research firm Downgrade the stock to Neutral. Moreover, Nomura issued Upgrade rating for the stock on 26-May-16. Credit Suisse also Downgrade the company to Neutral on 9-Jun-15, 2016. Additionally, HSBC Securities Upgrade its ratings on the stock to Overweight.

The highest price ASX stock touched in the last 12 month was $6.64 and the lowest price it hit in the same period was $4.39. The stock has a Return on Assets of 6.1 percent, Return on Investment of 7.6 percent and a Return on Equity of 14.1 percent. The company’s market cap is $9.93 Billion.

Advanced Semiconductor Engineering Inc. (ASX)’s growth estimate is 14.3 percent for the current quarter. The growth estimate for the next quarter is 12.5 percent. The company’s stock has climbed 9.77 percent in the past five year. The company is expected to grow by 6.9 percent over the next five years.

Advanced Semiconductor Engineering Inc. (ASX) has been given an average price target of $6.98 from analysts, according to data collected by Finviz.

Now we look at the Moving Averages, the 200-day is 9.29, the 50-day is 1.97 and the 20-day is -1.94. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Looking forward, the company is expected to report earnings of $0.09 per share for the current quarter. Revenue is expected in between 2.13 Billion and 2.13 Billion with an average of 2.13 Billion.

Advanced Semiconductor Engineering Inc. (ASX) has a mean recommendation of 3, according to data compiled by Zacks Investment Research. The recommendation scale measures the value from 1 to 5, where 1 means ‘’Strong Buy’’ and 5 stands for ’’Sell’’.

Advanced Semiconductor Engineering Inc. (ASX) performance during the last one year Improved 13.19 percent, while its year to date (YTD) performance showed a Positive trend of 25.99 percent. The stock Jumped 4.1 percent over the past six months. The stock’s quarterly performance indicates a Positive momentum of 17.38 percent, whereas its last one month trend is Optimistic with 2.42 percent. Its weekly performance showed a downward trend of -2.46 percent.

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 7.9 percent, operating profit margin was 9.4 percent, whereas gross profit margin stands at 19.4 percent. Beta factor was calculated at 0.57.

Advanced Semiconductor Engineering Inc. (ASX) has 1.64 Billion shares outstanding and 1.14 Billion shares were floated in market. The short ratio in the company’s stock is documented at 2.77 and the short float is around of 0.3%. The stock’s average true range of stands at 0.1, while the relative strength index is 46.74.

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 0.9, current ratio was 1.4, LT Debt/Equity ratio was 0.47 and Total Debt/Equity ratio was 0.72.