AMKOR Technology Inc. (NASDAQ: AMKR) is 22.48% higher on its value in year-to-date trading and has touched a low of $17.58 and a high of $41.86 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMKR stock was last observed hovering at around $40.06 in the last trading session, with the day’s gains setting it 0.69%.
Currently trading at $40.75, the stock is 8.75% and 18.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 1.72% at the moment leaves the stock 34.94% off its SMA200. AMKR registered 48.24% gain for a year compared to 6-month gain of 34.67%.
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The stock witnessed a 22.70% loss in the last 1 month and extending the period to 3 months gives it a 32.22%, and is 1.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.04% over the week and 4.06% over the month.
AMKOR Technology Inc. (AMKR) has around 28700 employees, a market worth around $10.03B and $6.40B in sales. Current P/E ratio is 26.98 and Fwd P/E is 16.57. Profit margin for the company is 5.84%. Distance from 52-week low is 131.78% and -2.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.34%).
The EPS is expected to grow by 17.83% this year.
AMKOR Technology Inc. (AMKR) Top Institutional Holders
The shares outstanding are 245.89M, and float is at 96.64M with Short Float at 4.98%.
AMKOR Technology Inc. (AMKR) Insider Activity
The most recent transaction is an insider sale by Rutten Guillaume Marie Jean,the company’sPresident and CEO. SEC filings show that Rutten Guillaume Marie Jean sold 25,000 shares of the company’s common stock on Jun 17 ’24 at a price of $34.82 per share for a total of $0.87 million. Following the sale, the insider now owns 94476.0 shares.
AMKOR Technology Inc. disclosed in a document filed with the SEC on Jun 10 ’24 that Engel Kevin (Executive Vice President) sold a total of 4,921 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $33.22 per share for $0.16 million. Following the transaction, the insider now directly holds 0.0 shares of the AMKR stock.
Still, SEC filings show that on May 15 ’24, Rutten Guillaume Marie Jean (President and CEO) disposed off 25,000 shares at an average price of $33.37 for $0.83 million. The insider now directly holds 104,476 shares of AMKOR Technology Inc. (AMKR).
