(VIANEWS) – Amkor Technology Plunges 21.88% in Five Sessions
Amkor Technology (AMKR) stocks took an unexpected dive this week, declining 21.88% over just five sessions to close at EUR22.00 on Monday at 12:57 EST despite overall positive trends in NASDAQ index being up by 0.58% to EUR13,840.88; Amkor could not escape its downward spiral and reached EUR22.00 as its closing price on Tuesday – this represents 27.34% decrease from its 52-week high of EUR31.38
About Amkor Technology
Amkor Technology is an outsourced semiconductor packaging and test service provider. They offer turnkey solutions such as wafer bump, probe back-grinding, package design, packaging, system level test and drop shipment services to serve various applications like smartphones, tablets, networking, storage computing as well as consumer electronics products. Established in 1968 and located in Tempe Arizona; Amkor Technology boasts customers such as integrated device manufacturers, fabless semiconductor companies, original equipment Manufacturers (OEMs), contract foundries as customers.
Yearly Analysis
Based on this information, Amkor Technology’s stock (AMKR) is currently trading at EUR22.00; which is significantly below its 52-week high of EUR31.38 but higher than its 52-week low of EUR16.13 – suggesting it may have experienced a decline over the last year.
Amkor Technology is projected to experience negative 7.5% sales growth this year and 8.9% in 2017. This suggests that its sales may have experienced a short-term decrease, yet are expected to recover over the course of one year.
Amkor Technology currently boasts an EBITDA of 0.83, which provides an indicator of profitability and typically signals potential investors that a company has sound financial prospects. Without further financial information it may be difficult to make an accurate evaluation of a firm’s overall health.
Overall, the information presented indicates that Amkor Technology may have seen its stock decline recently but should experience growth over the coming years. Potential investors should conduct further research into the company’s financial health, market position and other factors which may impact its stock performance before making their own investment decisions. It is also crucial that investors consider their risk tolerance and investment goals before taking action on any investment decisions.
Technical Analysis
Amkor Technology’s stock is currently trading at EUR21.60, significantly below both its 50-day moving average of EUR27.65 and 200-day moving average of EUR26.28. This indicates a downward trend both short- and long-term.
Amkor Technology recently reported an impressive trading volume of 1650566 shares traded, which is 49.8% above its average volume of 1052320, suggesting there could be increased interest in its stock.
Amkor Technology’s volatility has been relatively consistent over the last month, fluctuating by negative 0.83% monthly and positive 2.00% quarterly. However, Amkor’s highest average weekly volatility amplitude reached 5.88% suggesting possible fluctuations in stock price in near future.
According to the stochastic oscillator, Amkor Technology stock is currently considered overbought (>=80), which could indicate that its price may be due for correction soon. When combined with lower than average moving averages, this may present investors with an opportunity to buy it cheaper – although more research and analysis must be performed prior to making any definitive investment decisions.
Quarter Analysis
Amkor Technology appears to be experiencing a downward spiral with their financial performance, evidenced by negative 14.2% sales growth for this quarter and negative 3.4% for next. Furthermore, negative 60.5% and 13.4% growth estimates support this trend.
Year-on-year revenue growth of 3.1% may seem modest, yet it represents a decline from previous rates. With negative revenue forecast for two consecutive quarters, investors should remain vigilant regarding whether or not this company can sustain or improve its financial performance in the short term.
Investors should conduct extensive research to gain an understanding of why Amkor Technology has experienced financial performance decline and evaluate whether their performance can rebound in the future. Factors such as changes in market conditions and competition as well as its adaptability to industry trends should all be taken into consideration.
Equity Analysis
Amkor Technology appears to be an established and profitable company with an attractive dividend yield, estimated at an estimated forward annual dividend rate of 0.30 and yield of 1.1% respectively. These metrics demonstrate how the company returns a portion of its profits to shareholders through dividend payments.
The company’s trailing twelve months EPS of EUR2.35 suggests it is earning a profit of EUR2.35 per share, and the market values it at a multiple of EUR9.36 for every euro of annual earnings. This ratio may suggest undervaluation.
Return on Equity of 16.6% shows that the company is producing a profit of 16.6% on shareholder funds invested into it, signalling its profitability and efficient use. This positive sign speaks volumes about how efficiently shareholders’ funds are being utilized by management.
Overall, Amkor Technology appears to be an attractive investment choice with a steady and profitable track record, offering a moderate dividend yield and moderate growth prospects. Potential investors should conduct their own due diligence prior to making any definitive investments decisions.
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