Shares of Advanced Semiconductor Engineering, Inc. (NYSE:ASX) reached a new 52-week high on Friday . The company traded as high as $7.07 and last traded at $6.31, with a volume of 559800 shares traded. The stock had previously closed at $6.27.

Separately, Zacks Investment Research lowered Advanced Semiconductor Engineering from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st.

The company has a quick ratio of 1.00, a current ratio of 1.37 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $10,441.21, a PE ratio of 13.72, a price-to-earnings-growth ratio of 2.34 and a beta of 0.53.

Advanced Semiconductor Engineering (NYSE:ASX) last posted its quarterly earnings data on Friday, October 27th. The semiconductor company reported $0.12 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.12. Advanced Semiconductor Engineering had a return on equity of 13.80% and a net margin of 8.74%. The business had revenue of $2.44 billion for the quarter. equities analysts forecast that Advanced Semiconductor Engineering, Inc. will post 0.42 EPS for the current year.

Several institutional investors have recently bought and sold shares of ASX. Neuberger Berman Group LLC increased its holdings in Advanced Semiconductor Engineering by 1,831.1% in the third quarter. Neuberger Berman Group LLC now owns 264,055 shares of the semiconductor company’s stock valued at $1,632,000 after buying an additional 250,381 shares during the last quarter. Cubist Systematic Strategies LLC increased its holdings in Advanced Semiconductor Engineering by 80.8% in the third quarter. Cubist Systematic Strategies LLC now owns 30,044 shares of the semiconductor company’s stock valued at $186,000 after buying an additional 13,430 shares during the last quarter. Hansberger Growth Investors LP increased its holdings in Advanced Semiconductor Engineering by 25.0% in the third quarter. Hansberger Growth Investors LP now owns 606,896 shares of the semiconductor company’s stock valued at $3,751,000 after buying an additional 121,337 shares during the last quarter. Boothbay Fund Management LLC purchased a new position in Advanced Semiconductor Engineering in the third quarter valued at $1,811,000. Finally, Oppenheimer Asset Management Inc. increased its holdings in Advanced Semiconductor Engineering by 19.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 377,256 shares of the semiconductor company’s stock valued at $2,331,000 after buying an additional 61,299 shares during the last quarter. 5.69% of the stock is currently owned by institutional investors and hedge funds.

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Advanced Semiconductor Engineering 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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