<div id="readability-page-1"><p><span>ASE Technology (NYSE:ASX - Get Free Report)</span> was downgraded by analysts at Wall Street Zen from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note issued to investors on Sunday.</p><div><p><span></span><span>Get <strong>ASE Technology</strong> alerts:</span></p></div><ul><li>4 Memorable Ways to Play the HBM Market Boom</li></ul><p>A number of other equities research analysts have also issued reports on the company. Zacks Research lowered ASE Technology from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Thursday. Nomura upgraded ASE Technology from a &#34;neutral&#34; rating to a &#34;buy&#34; rating in a report on Thursday, October 30th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of ASE Technology in a research report on Wednesday, October 8th. Finally, Nomura Securities upgraded shares of ASE Technology to a &#34;strong-buy&#34; rating in a research note on Thursday, October 30th. One investment analyst  has rated the stock with a Strong Buy rating, one  has issued  a Buy rating, one  has issued  a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat, ASE Technology  has an average rating of &#34;Moderate Buy&#34;.</p><p><b>Get Our Latest Report on ASE Technology</b></p><h2>ASE Technology Stock Performance</h2><ul><li>Discover the Hidden Gem in Chip Manufacturing Stocks</li></ul><p>Shares of ASX stock opened at $16.85 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.64. The company has a market cap of $37.38 billion, a PE ratio of 33.71, a P/E/G ratio of 0.69 and a beta of 1.45. The company's fifty day simple moving average is $15.16 and its 200-day simple moving average is $12.29. ASE Technology has a 52 week low of $6.94 and a 52 week high of $16.97. </p><p>ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. ASE Technology had a net margin of 5.61% and a return on equity of 10.67%.  As a group, equities research analysts anticipate that  ASE Technology will post 0.76 EPS for the current year. </p><h2>Hedge Funds Weigh In On ASE Technology</h2><ul><li>5 Semiconductor stocks under $10</li></ul><p>A number of institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC boosted its stake in shares of  ASE Technology by 1,704.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the semiconductor company's stock valued at $30,000 after buying an additional 2,506 shares during the last quarter.  Farther Finance Advisors LLC raised its holdings in  ASE Technology by 154.3% in the second quarter. Farther Finance Advisors LLC now owns 2,746 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 1,666 shares in the last quarter.  WealthCollab LLC boosted its stake in  ASE Technology by 55.2% during the 2nd quarter. WealthCollab LLC now owns 4,850 shares of the semiconductor company's stock valued at $50,000 after acquiring an additional 1,726 shares during the last quarter.  Northwestern Mutual Wealth Management Co. grew its holdings in  ASE Technology by 537.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,928 shares of the semiconductor company's stock worth $51,000 after acquiring an additional 4,155 shares in the last quarter.  Finally, MAI Capital Management grew its holdings in  ASE Technology by 2,409.6% during the 2nd quarter. MAI Capital Management now owns 4,969 shares of the semiconductor company's stock worth $51,000 after acquiring an additional 4,771 shares in the last quarter. 6.80% of the stock is owned by institutional investors and hedge funds. </p><h2>ASE Technology Company Profile</h2> (Get Free Report)<p>ASE Technology Holding Co, Ltd. <span>NYSE: ASX<span></span></span>, commonly referred to as ASE, is a Taiwan-based provider of semiconductor assembly and testing services. The company focuses on back-end semiconductor manufacturing and related services that prepare integrated circuits and other semiconductor devices for final use. Its core activities include advanced IC packaging, final testing, wafer probing, and related engineering and supply-chain support for semiconductor customers.  </p><p>ASE offers a range of products and technical capabilities designed to meet increasingly complex packaging and system-in-package requirements.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than ASE Technology</li><li>A month before the crash</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>Do not delete, read immediately</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Trump’s new AI budget just passed — one stock could soar</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ASE Technology Right Now?</h2><p>Before you consider ASE Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASE Technology wasn't on the list.</p><p>While ASE Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wall Street Zen downgraded ASE Technology (NYSE:ASX) from a "buy" to a "hold" rating. Other analysts have mixed views, with Zacks Research lowering it to "strong sell" and Nomura upgrading it to "strong buy". ASE Technology reported $0.16 EPS, exceeding estimates, and has a market cap of $37.38 billion. Institutional investors have increased their stakes significantly. The stock has a 52-week range of $6.94 to $16.97, with an average rating of "Moderate Buy" from analysts.</p>

ASE Technology (NYSE:ASX) Lowered to Hold Rating by Wall Street Zen