Company Information
About ASX Limited (ASX: ASX)
ASX Limited is a diversified financial markets exchange company that offers a variety of services, including listing, trading, clearing, settlement, and information services, to various markets. It serves as a market operator, clears transactions, and facilitates payment systems. ASX provides a platform for trading in equities, fixed income, commodities, and energy. The company assists in capital management through activities such as capital raising, trading, risk management, and the settlement of securities. It caters to a wide audience, including intermediaries, banks, and software developers by supplying data and technological services, helping them with decision-making and connectivity.
ASX has a workforce of approximately 1,140 employees and was founded in 1987. The company has reported a revenue of 1.04 billion AUD for the trailing twelve months (TTM) and a net income of 474.10 million AUD. Despite consistent revenue, the company saw a significant drop in net income of 37.60% from the previous year, mainly due to a rise in selling, general, and administrative expenses.
Top Australian Brokers
- eToro - Social and copy trading platform - Read our review
- IC Markets - Experienced and highly regulated - Read our review
- Pepperstone - Trading education - Read our review
ASX Limited (ASX: ASX) Live Chart
ASX Limited (ASX: ASX) Forecast
Four Wall Street analysts have provided their 12-month price targets for ASX Limited, with an average target set at AU$61.20. The highest price target given is AU$65.00, while the lowest stands at AU$53.50. This average price target suggests a decline of 4.56% from the company’s last trading price, which was AU$64.12.
Latest ASX Limited News
ASX Limited (ASX: ASX) Performance
ASX Limited (ASX: ASX) Fundamentals
ASX Limited (ASX: ASX) Competitors
Don’t Buy Just Yet
You will want to see this before you make any decisions.
Before you decide which shares to add to your portfolio you might want to take a look at this special report we recently published.
Our experts picked out The 5 best ASX shares to buy in 2024.
We’re giving away this valuable research for FREE.
Click below to secure your copy