ASUSTeK Computer (ASUUY) Projected to Post Quarterly Earnings on Tuesday

ASUSTeK Computer (OTCMKTS:ASUUY) will likely be releasing its results before the market opens on Tuesday, March 10th. Analysts expect ASUSTeK Computer to post earnings of $1.52 per share and revenue of $5.8525 billion for the quarter.

ASUSTeK Computer Stock Performance

Shares of ASUUY stock opened at $80.00 on Friday. ASUSTeK Computer has a twelve month low of $57.73 and a twelve month high of $115.00. The stock has a fifty day simple moving average of $83.04 and a two-hundred day simple moving average of $93.10.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered shares of ASUSTeK Computer to a “neutral” rating in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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.