Breaking: Time to Buy Advanced Semiconductor Engineering (ADR) After Today’s Huge Increase?

Breaking: Time to Buy Advanced Semiconductor Engineering (ADR) After Today's Huge Increase?

The stock of Advanced Semiconductor Engineering (ADR) (NYSE:ASX) is a huge mover today! About 326,794 shares traded hands. Advanced Semiconductor Engineering (ADR) (NYSE:ASX) has risen 5.16% since February 29, 2016 and is uptrending. It has underperformed by 7.06% the S&P500.
The move comes after 9 months positive chart setup for the $9.64B company. It was reported on Oct, 3 by We have $8.88 PT which if reached, will make NYSE:ASX worth $4.63B more.

Analysts await Advanced Semiconductor Engineering (ADR) (NYSE:ASX) to report earnings on November, 3.

Advanced Semiconductor Engineering (ADR) (NYSE:ASX) Ratings Coverage

Out of 2 analysts covering Advanced Semiconductor Engineering (NYSE:ASX), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Advanced Semiconductor Engineering has been the topic of 2 analyst reports since May 31, 2016 according to StockzIntelligence Inc. UBS upgraded Advanced Semiconductor Engineering (ADR) (NYSE:ASX) on Tuesday, May 31 to “Buy” rating. Nomura upgraded Advanced Semiconductor Engineering (ADR) (NYSE:ASX) on Thursday, May 26 to “Buy” rating.

According to Zacks Investment Research, “Advanced Semiconductor Engineering, Inc. is an independent provider of semiconductor packaging services and semiconductor testing services, including front-end engineering testing, wafer probing and final testing services. The company offers packaging and testing services separately and on a turnkey basis. Turnkey services consist of integrated packaging, testing and direct shipment of semiconductors to end users designated by customers. The company is able to expand the traditional scope of turnkey services to offer total semiconductor manufacturing services to customers.”

More recent Advanced Semiconductor Engineering (ADR) (NYSE:ASX) news were published by: which released: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011. Also published the news titled: “Advanced Semiconductor Engineering Inc. ADR” on December 21, 2009.‘s news article titled: “11 Semiconductors & Semiconductor Equipment Stocks to Buy Now” with publication date: August 10, 2016 was also an interesting one.

ASX Company Profile

Advanced Semiconductor Engineering, Inc., incorporated on March 23, 1984, is a well-known provider of semiconductor packaging and testing services. The Firm offers a range of semiconductors packaging, testing and electronic manufacturing services (EMS). The Company’s divisions include Packaging, Testing, EMS and Others. The Firm 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. It also sells goods from EMS. The Firm engages in other activities, such as substrate production and real estate business.

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