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AMKOR Technology Inc. (NASDAQ: AMKR) closed the day trading at $41.94 up 2.92% from the previous closing price of $40.75. In other words, the price has increased by $2.92 from its previous closing price. On the day, 1.8 million shares were traded. AMKR stock price reached its highest trading level at $42.13 during the session, while it also had its lowest trading level at $40.81.
Ratios:
For a better understanding of AMKR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.28. For the most recent quarter (mrq), Quick Ratio is recorded 2.08 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on July 01, 2024, initiated with a Overweight rating and assigned the stock a target price of $48.
On April 09, 2024, Needham started tracking the stock assigning a Buy rating and target price of $40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 17 ’24 when Rutten Guillaume Marie Jean sold 25,000 shares for $34.82 per share. The transaction valued at 870,500 led to the insider holds 94,476 shares of the business.
Engel Kevin sold 4,921 shares of AMKR for $163,476 on Jun 10 ’24. The Executive Vice President now owns 0 shares after completing the transaction at $33.22 per share. On May 15 ’24, another insider, Rutten Guillaume Marie Jean, who serves as the President and CEO of the company, sold 25,000 shares for $33.37 each. As a result, the insider received 834,250 and left with 104,476 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMKR now has a Market Capitalization of 10324369408 and an Enterprise Value of 10118972416. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.77, and their Forward P/E ratio for the next fiscal year is 17.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 2.58. Its current Enterprise Value per Revenue stands at 1.582 whereas that against EBITDA is 9.252.
Stock Price History:
Over the past 52 weeks, AMKR has reached a high of $41.86, while it has fallen to a 52-week low of $17.58. The 50-Day Moving Average of the stock is 21.18%, while the 200-Day Moving Average is calculated to be 38.46%.
Shares Statistics:
Over the past 3-months, AMKR traded about 1.42M shares per day on average, while over the past 10 days, AMKR traded about 3099570 shares per day. A total of 245.89M shares are outstanding, with a floating share count of 96.64M. Insiders hold about 60.74% of the company’s shares, while institutions hold 43.49% stake in the company. Shares short for AMKR as of 1718323200 were 4813584 with a Short Ratio of 3.38, compared to 1715731200 on 4766510. Therefore, it implies a Short% of Shares Outstanding of 4813584 and a Short% of Float of 4.4699997.
Dividends & Splits
AMKR’s forward annual dividend rate is 0.31, up from 0.308 a year ago. Against a Trailing Annual Dividend Yield of 0.007558282
