ASX (OTCMKTS:ASXFY) Trading 0.2% Higher – Here’s What Happened

ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY) rose 0.2% during trading on Monday . The company traded as high as $36.8650 and last traded at $36.72. Approximately 34,597 shares changed hands during trading, a decline of 50% from the average daily volume of 69,251 shares. The stock had previously closed at $36.6650.

Analyst Ratings Changes

ASXFY has been the topic of a number of research analyst reports. UBS Group upgraded shares of ASX from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 7th. The Goldman Sachs Group set a $57.00 price target on shares of ASX and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ASX presently has a consensus rating of “Hold” and an average target price of $57.00.

ASX Price Performance

The company’s 50-day simple moving average is $37.14 and its 200-day simple moving average is $37.05.

About ASX

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.