ASUSTeK Computer Inc. (OTCMKTS:ASUUY – Get Free Report)’s share price traded down 30.4% during trading on Tuesday . The company traded as low as $78.50 and last traded at $80.00. 468 shares changed hands during mid-day trading, an increase of 152% from the average session volume of 186 shares. The stock had previously closed at $115.00.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group cut shares of ASUSTeK Computer to a “neutral” rating in a report on Wednesday, December 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.
Read Our Latest Stock Report on ASUUY
ASUSTeK Computer Price Performance
About ASUSTeK Computer
ASUSTeK Computer Inc, commonly known as ASUS, is a Taiwanese multinational company specializing in the design and manufacture of computer hardware, electronics and related services. Founded in 1989 in Taipei by T.H. Tung, Ted Hsu, Wayne Hsieh and M.T. Liao, ASUS has grown into one of the world’s leading suppliers of motherboards, graphics cards, desktops and laptops. The company’s portfolio also extends to monitors, networking equipment, servers, workstations and accessories tailored for both consumer and enterprise markets.
ASUS is perhaps best known for its Republic of Gamers (ROG) brand, which offers high-performance products aimed at gamers and e-sports enthusiasts.
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