ASX (ASXFY) to Post Earnings on Wednesday

ASX (OTCMKTS:ASXFY) is expected to announce its results before the market opens on Wednesday, August 12th. Analysts expect the company to post earnings of $0.9650 per share and revenue of $447.6050 million for the quarter.

ASX Price Performance

Shares of OTCMKTS ASXFY opened at $39.84 on Wednesday. ASX has a 1 year low of $32.12 and a 1 year high of $46.16. The firm has a fifty day moving average price of $36.30 and a 200-day moving average price of $37.92.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered ASX from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, ASX currently has an average rating of “Reduce” and a consensus price target of $57.00.

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.