Amkor Technology Stock Bullish By 27% In The Last 21 Sessions

(VIANEWS) – Shares of Amkor Technology (NASDAQ: AMKR) rose by a staggering 27.84% in 21 sessions from $21.19 at 2023-05-12, to $27.09 at 15:37 EST on Tuesday, following the last session’s upward trend. NASDAQ is rising 0.73% to $13,559.86, after three sequential sessions in a row of gains.

Amkor Technology’s last close was $26.63, 15.14% 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 $2.53.

PE Ratio

Amkor Technology has a trailing twelve months price to earnings ratio of 10.71. Meaning, the purchaser of the share is investing $10.71 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%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 4, 2023, the estimated forward annual dividend rate is 0.3 and the estimated forward annual dividend yield is 1.13%.

Moving Average

Amkor Technology’s worth is way higher than its 50-day moving average of $23.55 and way higher than its 200-day moving average of $23.93.

Volume

Today’s last reported volume for Amkor Technology is 664185 which is 27.34% below its average volume of 871995.

More news about Amkor Technology (AMKR).

Leave a Reply

Your email address will not be published. Required fields are marked *