Advanced Semiconductor Engineering (ASX) Receiving Somewhat Favorable Press Coverage, Study Shows
Media headlines about Advanced Semiconductor Engineering (NYSE:ASX) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Advanced Semiconductor Engineering earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the semiconductor company an impact score of 47.5055934682625 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, Zacks Investment Research downgraded shares of Advanced Semiconductor Engineering from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st.
Shares of Advanced Semiconductor Engineering (ASX) traded up $0.04 during trading on Wednesday, hitting $6.31. 559,830 shares of the stock were exchanged, compared to its average volume of 940,714. Advanced Semiconductor Engineering has a 52-week low of $4.89 and a 52-week high of $6.70. The stock has a market capitalization of $10,275.74, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 2.30 and a beta of 0.53. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.00 and a current ratio of 1.37.
Advanced Semiconductor Engineering (NYSE:ASX) last announced its quarterly earnings results on Friday, October 27th. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.12. Advanced Semiconductor Engineering had a net margin of 8.74% and a return on equity of 13.80%. The firm had revenue of $2.44 billion for the quarter. equities research analysts expect that Advanced Semiconductor Engineering will post 0.42 EPS for the current year.
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About Advanced Semiconductor Engineering
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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