ASE Technology (NYSE:ASX) Announces Quarterly Earnings Results

ASE Technology (NYSE:ASX) posted its quarterly earnings data on Thursday. The semiconductor company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03), Zacks reports. ASE Technology had a return on equity of 10.05% and a net margin of 5.47%.

ASE Technology Price Performance

Shares of ASX traded up $0.50 during mid-day trading on Thursday, reaching $10.74. The stock had a trading volume of 2,383,696 shares, compared to its average volume of 9,311,795. The firm has a market cap of $23.56 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 0.42 and a beta of 1.17. ASE Technology has a 12 month low of $8.10 and a 12 month high of $12.86. The business has a fifty day moving average of $10.26 and a 200 day moving average of $9.94. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.89 and a current ratio of 1.18.

About ASE Technology

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.