ASX Limited – Unsponsored ADR (OTCMKTS:ASXFY – Get Free Report) shares saw strong trading volume on Friday . Approximately 38,522 shares changed hands during mid-day trading, a decline of 9% from the previous session’s volume of 42,491 shares.The stock last traded at $41.3850 and had previously closed at $41.7901.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded ASX from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $57.00.
Check Out Our Latest Report on ASX
ASX Price Performance
About ASX
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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