UBS Group upgraded shares of ASX (OTCMKTS:ASXFY – Free Report) from a strong sell rating to a hold rating in a report released on Wednesday,Zacks.com reports.
ASX Price Performance
OTCMKTS ASXFY opened at $35.14 on Wednesday. ASX has a 12 month low of $32.68 and a 12 month high of $48.43. The stock’s fifty day moving average price is $36.50 and its 200-day moving average price is $39.91.
ASX Company Profile
The Australian Securities Exchange (OTCMKTS:ASXFY) is Australia’s primary securities exchange operator, providing a comprehensive range of capital-markets services. Its core activities include the listing and trading of equities, exchange-traded funds, fixed income products, derivatives and commodities. ASX also operates clearing and settlement facilities through its Clearing House Electronic Subregister System (CHESS), ensuring the integrity and efficiency of post-trade processes for both domestic and international participants.
Established in 1987 through the merger of six state-based exchanges and demutualized in 1998, ASX has continually invested in market infrastructure and technology.
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