ASML's Trading Volume Drops 27.81% But Ranks 61st in Market With 13.76 Billion in Volume

Generated by AI AgentAinvest Market Brief
Tuesday, May 13, 2025 8:00 pm ET1min read

On May 13, 2025, ASML's trading volume reached 13.76 billion, a 27.81% decrease from the previous day, ranking 61st in the day's stock market.

rose by 1.83%, marking two consecutive days of gains, with a total increase of 8.17% over the past two days.

ASML has recently surpassed its 200-day moving average, a significant technical indicator suggesting a long-term bullish trend. This moving average is a crucial tool for traders and analysts, helping to determine long-term market trends for stocks and other financial instruments. It serves as a support or resistance level, moving in conjunction with longer-term price performance.

Over the past four weeks, ASML has shown strong performance, gaining 11.5%. The company is currently ranked as a Zacks Rank #2 (Buy), indicating a strong potential for further upward movement. This bullish outlook is further supported by positive earnings estimate revisions, with no estimates going lower in the past two months for the current fiscal year, while the consensus estimate has increased.

ASML's financial health is robust, with gross margins exceeding 50% and a return on invested capital topping 30%. The company's €40+ billion order backlog underscores its strong market position and future growth prospects. Investors should consider adding ASML to their watchlist given these positive indicators.

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