Taiwan Alpha Electronic Co., Ltd. (6204.TWO) recorded a 5.38% gain over the past week, closing at 74.40 TWD on February 21. The stock opened at 72.00 TWD and moved within a day’s range of 72.00 to 76.60 TWD, showing positive momentum.
Trading activity was significantly higher than usual, with 1,507,101 shares traded, far exceeding the average volume of 158,845. The company’s price-to-earnings (P/E) ratio stands at 4.29, and its earnings per share (EPS) is 17.36 TWD, indicating a relatively low valuation compared to earnings.
Taiwan Alpha Electronic is also set to offer a dividend of 17.43 TWD per share, reflecting an impressive 23.43% yield. The ex-dividend date is scheduled for May 30, 2024. Investors have been closely watching its performance, as the stock remains well below its 52-week high of 171.00 TWD despite the recent rebound.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their research before making any investment decisions.