ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $41.09, but opened at $43.15. ASX shares last traded at $42.28, with a volume of 4,045 shares changing hands.
Analyst Ratings Changes
Separately, Zacks Research downgraded ASX from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, ASX currently has a consensus rating of “Reduce” and a consensus price target of $57.00.
Check Out Our Latest Research Report on ASX
ASX Stock Up 0.5%
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.
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