(VIANEWS) – Shares of Amkor Technology (NASDAQ: AMKR) jumped 9.01% to $28.74 at 14:23 EST on Tuesday, following the last session’s upward trend. NASDAQ is jumping 1.23% to $13,499.40, after two consecutive sessions in a row of losses. This seems, up until now, an all-around bullish trend trading session today.
Amkor Technology’s last close was $26.36, 16% below its 52-week high of $31.38.
About Amkor Technology
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services. The company provides flip chip-scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip-chip stacked chip-scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; and flip-chip ball grid array packages for various networking, storage, computing, and consumer applications. In addition, it offers wafer-level CSP packages that are used in power management, transceivers, sensors, wireless charging, codecs, radar, and specialty silicon; wafer-level fan-out packages includes power management, transceivers, radar, and specialty silicon for use in ICs; and silicon wafer integrated fan-out technology, which replaces a laminate substrate with a thinner structure. Further, the company provides lead frame packages that are used in electronic devices for low to medium pin count analog and mixed-signal applications; and substrate-based wirebond packages used to connect a die to a substrate. Additionally, it offers micro-electro-mechanical systems (MEMS) packages that are miniaturized mechanical and electromechanical devices; and advanced system-in-package modules, which are used in radio frequency and front end modules, basebands, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid-state drives. The company primarily serves integrated device manufacturers, fabless semiconductor companies, original equipment manufacturers, and contract foundries. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.
Earnings Per Share
As for profitability, Amkor Technology has a trailing twelve months EPS of $2.65.
PE Ratio
Amkor Technology has a trailing twelve months price to earnings ratio of 10.84. Meaning, the purchaser of the share is investing $10.84 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.71%.
Volume
Today’s last reported volume for Amkor Technology is 2024306 which is 134.75% above its average volume of 862291.
Moving Average
Amkor Technology’s worth is way higher than its 50-day moving average of $23.85 and way above its 200-day moving average of $24.21.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 58.8% and a negative 52.4%, respectively.
More news about Amkor Technology (AMKR).
