On Tuesday, AMKOR Technology Inc (NASDAQ: AMKR) was -1.33% drop from the session before settling in for the closing price of $26.98. A 52-week range for AMKR has been $23.74 – $44.19.
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
A company in the Technology sector has jumped its sales by 9.46% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -5.15%. With a float of $98.29 million, this company’s outstanding shares have now reached $246.63 million.
In an organization with 28700 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward AMKOR Technology Inc stocks. The insider ownership of AMKOR Technology Inc is 60.15%, while institutional ownership is 43.58%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.15% 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
You can see what AMKOR Technology Inc (AMKR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02. Likewise, its price to free cash flow for the trailing twelve months is 15.30.
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 1.89 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 1.35 million. That was better than the volume of 1.32 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.21%. Additionally, its Average True Range was 0.82.
During the past 100 days, AMKOR Technology Inc’s (AMKR) raw stochastic average was set at 16.38%, which indicates a significant decrease from 58.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.63% in the past 14 days, which was lower than the 55.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.59, while its 200-day Moving Average is $31.91. However, in the short run, AMKOR Technology Inc’s stock first resistance to watch stands at $27.09. Second resistance stands at $27.56. The third major resistance level sits at $27.90. If the price goes on to break the first support level at $26.28, it is likely to go to the next support level at $25.94. Assuming the price breaks the second support level, the third support level stands at $25.47.
AMKOR Technology Inc (NASDAQ: AMKR) Key Stats
There are 246,631K outstanding shares of the company, which has a market capitalization of 6.57 billion. As of now, sales total 6,503 M while income totals 359,810 K. Its latest quarter income was 1,862 M while its last quarter net income were 122,570 K.
