Advanced Semiconductor Engnrng (NYSE:ASX) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
According to Zacks, “Advanced Semiconductor Engineering, Inc. is an independent provider of semiconductor packaging services and semiconductor testing services, including front-end engineering testing, wafer probing and final testing services. The company offers packaging and testing services separately and on a turnkey basis. Turnkey services consist of integrated packaging, testing and direct shipment of semiconductors to end users designated by customers. The company is able to expand the traditional scope of turnkey services to offer total semiconductor manufacturing services to customers. “
Advanced Semiconductor Engnrng (NYSE:ASX) traded up $0.09 during midday trading on Friday, hitting $6.64. The stock had a trading volume of 1,357,747 shares, compared to its average volume of 1,052,741. The company has a market capitalization of $11,136.19, a P/E ratio of 15.09, a price-to-earnings-growth ratio of 1.82 and a beta of 0.72. Advanced Semiconductor Engnrng has a 52-week low of $5.86 and a 52-week high of $7.52. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.05 and a current ratio of 1.37.
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Advanced Semiconductor Engnrng Company Profile
Advanced Semiconductor Engineering, Inc is a provider of semiconductor packaging and testing services. The Company offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s segments include Packaging, Testing, EMS and Others. The Company provides services in packaging bare semiconductors into finished semiconductors with a range of electrical and thermal characteristics, as well as testing services, including front-end engineering testing, wafer probing and final testing services.
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