AMKOR Technology Inc (AMKR) soared 3.18 in the last month: It’s impossible to believe the numbers

QCOM

AMKOR Technology Inc (NASDAQ: AMKR) on Monday, soared 3.18% from the previous trading day, before settling in for the closing price of $26.44. Within the past 52 weeks, AMKR’s price has moved between $24.10 and $44.86.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Technology sector company grew by 9.46% over the past five years. The company achieved an average annual earnings per share of -5.08%. With a float of $98.29 million, this company’s outstanding shares have now reached $246.63 million.

Let’s look at the performance matrix of the company that is accounted for 28700 employees. In terms of profitability, gross margin is 14.99%, operating margin of 7.18%, and the pretax margin is 6.94%.

AMKOR Technology Inc (AMKR) Insider Updates

Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of AMKOR Technology Inc is 60.15%, while institutional ownership is 43.59%. The most recent insider transaction that took place on Oct 15 ’24, was worth 315,100. In this transaction President and CEO of this company sold 10,000 shares at a rate of $31.51, taking the stock ownership to the 204,971 shares. Before that another transaction happened on Oct 15 ’24, when Company’s Officer proposed sale 10,000 for $31.51, making the entire transaction worth $315,106.

AMKOR Technology Inc (AMKR) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -5.08% 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

AMKOR Technology Inc (AMKR) is currently performing well based on its current performance indicators. A quick ratio of 1.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.04. Likewise, its price to free cash flow for the trailing twelve months is 15.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.91 in one year’s time.

Technical Analysis of AMKOR Technology Inc (AMKR)

AMKOR Technology Inc (NASDAQ: AMKR) saw its 5-day average volume 0.89 million, a negative change from its year-to-date volume of 1.31 million. As of the previous 9 days, the stock’s Stochastic %D was 66.68%. Additionally, its Average True Range was 0.91.

During the past 100 days, AMKOR Technology Inc’s (AMKR) raw stochastic average was set at 15.32%, which indicates a significant decrease from 95.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.64% in the past 14 days, which was lower than the 57.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.43, while its 200-day Moving Average is $32.15. Nevertheless, the first resistance level for the watch stands at $27.64 in the near term. At $28.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.63. If the price goes on to break the first support level at $26.66, it is likely to go to the next support level at $26.03. Assuming the price breaks the second support level, the third support level stands at $25.67.

AMKOR Technology Inc (NASDAQ: AMKR) Key Stats

Market capitalization of the company is 6.73 billion based on 246,631K outstanding shares. Right now, sales total 6,503 M and income totals 359,810 K. The company made 1,862 M in profit during its latest quarter, and 122,570 K in sales during its previous quarter.