ASX (OTCMKTS:ASXFY) Stock Rating Upgraded by UBS Group

ASX (OTCMKTS:ASXFYGet Free Report) was upgraded by research analysts at UBS Group from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

ASX Stock Up 0.7%

Shares of ASX stock opened at $34.96 on Wednesday. The stock’s fifty day moving average is $36.54 and its 200 day moving average is $39.97. ASX has a one year low of $32.68 and a one year high of $48.43.

About ASX

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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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