AMKOR Technology Inc. (NASDAQ: AMKR) is -8.30% lower on its value in year-to-date trading and has touched a low of $17.58 and a high of $44.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMKR stock was last observed hovering at around $37.60 in the last trading session, with the day’s loss setting it -7.09%.
Currently trading at $30.51, the stock is -25.24% and -18.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.43 million and changing -18.86% at the moment leaves the stock -3.67% off its SMA200. AMKR registered 3.00% gain for a year compared to 6-month gain of -7.71%.
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The stock witnessed a -23.76% loss in the last 1 month and extending the period to 3 months gives it a -3.05%, and is -25.75% down 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 8.37% over the week and 4.68% over the month.
AMKOR Technology Inc. (AMKR) has around 28700 employees, a market worth around $7.51B and $6.40B in sales. Current P/E ratio is 20.20 and Fwd P/E is 12.84. Profit margin for the company is 5.84%. Distance from 52-week low is 73.54% and -31.99% 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 7.27% this year.
AMKOR Technology Inc. (AMKR) Top Institutional Holders
The shares outstanding are 245.89M, and float is at 96.65M with Short Float at 2.99%.
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 Jul 15 ’24 at a price of $42.94 per share for a total of $1.07 million. Following the sale, the insider now owns 0.13 million shares.
AMKOR Technology Inc. disclosed in a document filed with the SEC on Jun 17 ’24 that Rutten Guillaume Marie Jean (President and CEO) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Jun 17 ’24 and was made at $34.82 per share for $0.87 million. Following the transaction, the insider now directly holds 94476.0 shares of the AMKR stock.
Still, SEC filings show that on Jun 10 ’24, Engel Kevin (Executive Vice President) disposed off 4,921 shares at an average price of $33.22 for $0.16 million. The insider now directly holds 0 shares of AMKOR Technology Inc. (AMKR).
