Advanced Semiconductor Engineering (ADR) (ASX) was Downgraded by Goldman to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Goldman advised their investors in a research report released on Nov 25, 2016.
Advanced Semiconductor Engineering (ADR) closed down -0.01 points or -0.19% at $5.31 with 3,23,599 shares getting traded on Monday. Post opening the session at $5.35, the shares hit an intraday low of $5.28 and an intraday high of $5.37 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Advanced Semiconductor Engineering Inc. is an independent provider of semiconductor packaging and testing services. The Company packages bare semiconductors into finished semiconductors with enhanced electrical and thermal characteristics provides testing services including front-end engineering testing wafer probing and final testing services and provides electronics manufacturing services. It also engages in other activities such as substrate production and real estate business. The Company operates through the following segments: Packaging Testing and Electronic Manufacturing Services. The Company offers a range of package types to meet the requirements of its customers with a focus on advanced packaging solutions. The Company provides a range of semiconductor testing services including front-end engineering testing wafer probing testing and test-related services. It provides integrated solutions for electronic manufacturing services.