Advanced Semiconductor Engineering (ASX) Releases Quarterly Earnings
Advanced Semiconductor Engineering (NYSE:ASX) posted its quarterly earnings results on Wednesday. The company reported $0.10 earnings per share for the quarter, AnalystRatings.Net reports.
Advanced Semiconductor Engineering (NYSE:ASX) traded up 0.34% during mid-day trading on Wednesday, hitting $5.007. 21,900 shares of the company’s stock traded hands. Advanced Semiconductor Engineering has a one year low of $3.44 and a one year high of $4.74. The stock has a 50-day moving average of $4.20 and a 200-day moving average of $4.16. The company has a market cap of $7.475 billion and a P/E ratio of 16.10.
On a related note, analysts at Sanford C. Bernstein upgraded shares of Advanced Semiconductor Engineering from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, October 25th.
Advanced Semiconductor Engineering, Inc is principally engaged in the manufacture, assembly, processing, testing and distribution of integrated circuits (NYSE:ASX).
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