AMKOR Technology Inc. (NASDAQ: AMKR) kicked off on Tuesday, up 1.73% from the previous trading day, before settling in for the closing price of $28.96. Over the past 52 weeks, AMKR has traded in a range of $17.58-$37.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 9.46%. While this was happening, its average annual earnings per share was recorded 8.08%. With a float of $110.92 million, this company’s outstanding shares have now reached $245.89 million.
Considering the fact that the conglomerate employs 28700 people, you should pay attention to its efficiency factor.
AMKOR Technology Inc. (AMKR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of AMKOR Technology Inc. is 54.94%, while institutional ownership is 43.33%. The most recent insider transaction that took place on Apr 16 ’24, was worth 779,250. In this transaction President and CEO of this company sold 25,000 shares at a rate of $31.17, taking the stock ownership to the 114,476 shares. Before that another transaction happened on Mar 15 ’24, when Company’s President and CEO sold 25,000 for $31.23, making the entire transaction worth $780,750. This insider now owns 124,476 shares in total.
AMKOR Technology Inc. (AMKR) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 0.18 earnings per share (EPS), higher than consensus estimate (set at 0.17) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.85% during the next five years compared to 22.39% growth over the previous five years of trading.
AMKOR Technology Inc. (NASDAQ: AMKR) Trading Performance Indicators
Take a look at AMKOR Technology Inc.’s (AMKR) current performance indicators. Last quarter, stock had a quick ratio of 2.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12. Likewise, its price to free cash flow for the trailing twelve months is 13.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.46, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 2.33 in one year’s time.
Technical Analysis of AMKOR Technology Inc. (AMKR)
Compared to the last year’s volume of 0.92 million, its volume of 0.93 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.26%. Additionally, its Average True Range was 1.23.
During the past 100 days, AMKOR Technology Inc.’s (AMKR) raw stochastic average was set at 17.51%, which indicates a significant decrease from 22.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.55% in the past 14 days, which was higher than the 40.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.57, while its 200-day Moving Average is $28.33. Nevertheless, the first resistance level for the watch stands at $29.90 in the near term. At $30.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.89. If the price goes on to break the first support level at $28.91, it is likely to go to the next support level at $28.36. Should the price break the second support level, the third support level stands at $27.92.
AMKOR Technology Inc. (NASDAQ: AMKR) Key Stats
The company with the Market Capitalisation of 7.25 billion has total of 245,892K Shares Outstanding. Its annual sales at the moment are 6,503 M in contrast with the sum of 359,810 K annual income. Company’s last quarter sales were recorded 1,752 M and last quarter income was 117,560 K.
