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The closing price of AMKOR Technology Inc. (NASDAQ: AMKR) was $40.22 for the day, down -0.05% from the previous closing price of $40.24. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 1.26 million shares were traded. AMKR stock price reached its highest trading level at $41.256 during the session, while it also had its lowest trading level at $40.06.
Ratios:
Our analysis of AMKR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.45. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 9905904640 and an Enterprise Value of 9695559680. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.63, and their Forward P/E ratio for the next fiscal year is 16.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 1.516 whereas that against EBITDA is 8.865.
Stock Price History:
The Beta on a monthly basis for AMKR is 1.86, which has changed by 0.41321158 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. 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 19.28%, while the 200-Day Moving Average is calculated to be 34.35%.
Shares Statistics:
AMKR traded an average of 1.37M shares per day over the past three months and 3661890 shares per day over the past ten days. A total of 245.89M shares are outstanding, with a floating share count of 96.69M. Insiders hold about 60.72% of the company’s shares, while institutions hold 43.55% stake in the company. Shares short for AMKR as of 1718323200 were 4813584 with a Short Ratio of 3.51, 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
With its trailing 12-month dividend rate of 0.308, AMKR has a forward annual dividend rate of 0.31. Against a Trailing Annual Dividend Yield of 0.007654075
