ASX (OTCMKTS:ASXFY) Shares Gap Up – Here’s What Happened
by Doug Wharley · The Cerbat GemASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $33.34, but opened at $36.47. ASX shares last traded at $36.47, with a volume of 484 shares.
Analysts Set New Price Targets
Separately, Zacks Research upgraded ASX to a “hold” rating in a report on Tuesday, April 7th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ASX currently has an average rating of “Hold” and a consensus price target of $57.00.
Get Our Latest Analysis on ASXFY
ASX Stock Performance
The firm’s 50 day moving average is $37.97 and its 200 day moving average is $37.32.
ASX Company Profile
The Australian Securities Exchange (OTCMKTS:ASXFY) is Australia’s primary securities exchange operator, providing a comprehensive range of capital-markets services. Its core activities include the listing and trading of equities, exchange-traded funds, fixed income products, derivatives and commodities. ASX also operates clearing and settlement facilities through its Clearing House Electronic Subregister System (CHESS), ensuring the integrity and efficiency of post-trade processes for both domestic and international participants.
Established in 1987 through the merger of six state-based exchanges and demutualized in 1998, ASX has continually invested in market infrastructure and technology.