BNP Paribas Cuts Advanced Semiconductor Engineering to Hold (ASX)

By admin | 6 years ago

Advanced Semiconductor Engineering (NYSE: ASX) was downgraded by research analysts at BNP Paribas (EPA: BNP) from a “buy” rating to a “hold” rating in a report released on Tuesday.

Shares of Advanced Semiconductor Engineering traded up 0.68% during mid-day trading on Tuesday, hitting $4.42. Advanced Semiconductor Engineering has a 52 week low of $4.00 and a 52 week high of $6.23. The company has a market cap of $5.766 billion and a P/E ratio of 14.88.

Advanced Semiconductor Engineering, Inc. is principally engaged in the manufacture, assembly, processing, testing and distribution of integrated circuits (ICs).

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