Amkor Technology (AMKR) Downgraded by Credit Suisse Group AG to Neutral

Amkor Technology stock has undergone multiple analysts rating changes in the recent past.  Amkor Technology Downgraded by Credit Suisse Group AG on 10/11/2021. In a note to investors, the firm issued a new rating of Neutral. The analysts previously had rating of Outperform.

Shares of Amkor Technology traded down -$0.06 on Monday, reaching $25.10. 439461 shares of the stock traded hands, compared to its average volume of 1159656. Shares of Amkor Technology were trading at $25.10 on Monday. The firm’s 50 day moving average is $26.53 and its 200 day moving average is $22.67.Amkor Technology has a 12 month low of $25.05 and a 12 month high of $29.50. While on yearly highs and lows, Amkor Technology’s today has traded high as $25.43 and has touched $25.05 on the downward trend. See More Analyst Rating at: RATING

Amkor Technology Earnings and What to expect: 

Amkor Technology last issued its quarterly earnings data on July 26th, 2021. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The firm had revenue of $1.41 billion for the quarter. Amkor Technology has generated $1.40 earnings per share over the last year ($1.90 diluted earnings per share) and currently has a price-to-earnings ratio of 13.2. Amkor Technology has confirmed that its next quarterly earnings report will be published on Monday, October 25th, 2021. Amkor Technology will be holding an earnings conference call on Monday, October 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call..

The P/E ratio of Amkor Technology is 13.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.66. The P/E ratio of Amkor Technology is 13.21, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 38.46. Amkor Technology has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Amkor Technology (AMKR) Moving Average Technical Analysis

5 day Moving Average is $25.23 And 5 day price change is $0.28 (1.13%)  with average volume for 5 day average is 660,760. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $26.26 and 20 day price change is -$3.87 (-13.36%) and average 20 day moving volume is 1,229,185. 50 day moving average is $26.53  and 50 day price change is $0.46 ( 1.87%)  and with average volume for 50 days is : 1,113,308. 200 day moving average is $22.67  and 200 day price change is $10.06 (66.89%)  and with average volume for 200 days is : 1,594,020.

Other owners latest trading in Amkor Technology :

  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 29,851 which equates to market value of $0.74M and appx 0.00% owners of Amkor Technology
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 394,286 which equates to market value of $9.33M and appx 0.00% owners of Amkor Technology
  • On 8/30/2021 shares held by B. Metzler seel. Sohn & Co. Holding AG were 33,541 which equates to market value of $0.79M and appx 0.00% owners of Amkor Technology
  • In total Institutional ownership equates to Institutional Ownership Percentage: 38.01% for Amkor Technology

See More Analyst Rating at: RATING