On Tuesday, AMKOR Technology Inc. (NASDAQ: AMKR) opened higher 1.19% from the last session, before settling in for the closing price of $30.33. Price fluctuations for AMKR have ranged from $17.58 to $44.86 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 9.46% annually for the last half of the decade. Company’s average yearly earnings per share was noted 7.27% at the time writing. With a float of $98.06 million, this company’s outstanding shares have now reached $245.89 million.
In an organization with 28700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 15.25%, operating margin of 7.5%, and the pretax margin is 7.3%.
AMKOR Technology Inc. (AMKR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Semiconductor Equipment & Materials industry is another important factor to consider. The insider ownership of AMKOR Technology Inc. is 60.20%, while institutional ownership is 43.28%. The most recent insider transaction that took place on Sep 16 ’24, was worth 543,750. Before that another transaction happened on Aug 27 ’24, when Company’s Director sold 20,000 for $32.97, making the entire transaction worth $659,400. This insider now owns 19,871 shares in total.
AMKOR Technology Inc. (AMKR) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.54 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.53) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.27% 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
Check out the current performance indicators for AMKOR Technology Inc. (AMKR). In the past quarter, the stock posted a quick ratio of 1.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 14.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.52, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 2.38 in one year’s time.
Technical Analysis of AMKOR Technology Inc. (AMKR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.06 million. That was inferior than the volume of 1.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 78.27%. Additionally, its Average True Range was 1.27.
During the past 100 days, AMKOR Technology Inc.’s (AMKR) raw stochastic average was set at 22.41%, which indicates a significant decrease from 45.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.57% in the past 14 days, which was lower than the 59.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.99, while its 200-day Moving Average is $32.91. However, in the short run, AMKOR Technology Inc.’s stock first resistance to watch stands at $30.96. Second resistance stands at $31.23. The third major resistance level sits at $31.56. If the price goes on to break the first support level at $30.37, it is likely to go to the next support level at $30.04. The third support level lies at $29.77 if the price breaches the second support level.
AMKOR Technology Inc. (NASDAQ: AMKR) Key Stats
There are currently 245,800K shares outstanding in the company with a market cap of 7.56 billion. Presently, the company’s annual sales total 6,503 M according to its annual income of 359,810 K. Last quarter, the company’s sales amounted to 1,461 M and its income totaled 66,900 K.
