ASX Ltd.: Strong Margins, But Too Expensive For My Liking [Seeking Alpha]
ASX LTD UNSP/ADR (ASXFY)
NASDAQ:AMEX Investor Relations:
asx.com.au/about/investor-relations.htm
Company Research
Source: Seeking Alpha
The company's pre-tax income in the first half of the financial year was A$330M, with a margin of more than 40%. ASX's stock is currently trading at almost 30 times earnings, making it a "hold" at best. Looking for a helping hand in the market? Members of European Small-Cap Ideas get exclusive ideas and guidance to navigate any climate. Learn More » Introduction ASX Ltd. ( OTCPK:ASXFF OTCPK:ASXFY ) is the operator of the Australian Stock Exchange (‘ASX'), Australia's largest securities market. Exchange operators usually have very high margins and tend to be monopolists (there are smaller exchanges but those haven't really threatened the large market share of the main operators like ASX). ASX Ltd. is listed on its own exchange, the ASX. It's trading with ASX as its ticker symbol (which makes it pretty easy to remember). The ASX listing for sure is the most liquid listing as the average daily volume is almost 400,000 shares. I will use the Australian Dollar as base currency t
Show less
Read more
Impact Snapshot
Event Time:
ASXFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASXFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASXFY alerts
High impacting ASX LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ASXFY
News
- Sharrow and VEEM Reach Milestone in Performance Testing Results for Inboard Vessel Applications [Yahoo! Finance]Yahoo! Finance
- Australia set to debut spot Bitcoin ETFs: report [Yahoo! Finance]Yahoo! Finance
- Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg [Yahoo! Finance]Yahoo! Finance
- Our Pick Of The Best Vanguard Funds For Australians In 2024 [Forbes]Forbes
- Bitcoin ETF Bandwagon Heads to Australia After $53 Billion Haul in US [BNN Bloomberg (Canada)]BNN Bloomberg