ASX (OTCMKTS:ASXFY) Stock Rating Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of ASX (OTCMKTS:ASXFY – Free Report) from a strong-buy rating to a hold rating in a research report report published on Monday,Zacks reports.

ASX Trading Down 0.6%

Shares of OTCMKTS:ASXFY opened at $46.09 on Monday. ASX has a 1 year low of $32.12 and a 1 year high of $46.70. The firm’s 50-day moving average is $41.81 and its two-hundred day moving average is $39.12.

ASX Company Profile

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ASE Technology Holding Co, Ltd. is a Taiwan-based semiconductor manufacturing services company. Through its subsidiaries, including Advanced Semiconductor Engineering, Inc (ASE) and Siliconware Precision Industries Co, Ltd. (SPIL), the company provides outsourced semiconductor assembly and test (OSAT) services to chip manufacturers and electronics companies.

Its services include wafer probing, wafer bumping, chip assembly, packaging, final testing and electronic manufacturing services.

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