Market Momentum Report: AMKOR Technology Inc. (AMKR)’s Negative Close at 39.38

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The price of AMKOR Technology Inc. (NASDAQ: AMKR) closed at $39.38 in the last session, down -1.77% from day before closing price of $40.09. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 2.5 million shares were traded. AMKR stock price reached its highest trading level at $40.525 during the session, while it also had its lowest trading level at $39.11.


We take a closer look at AMKR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.04. 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, Needham on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $40.

On February 29, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $32.Goldman initiated its Neutral rating on February 29, 2024, with a $32 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 9694175232 and an Enterprise Value of 9488776192. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.07, and their Forward P/E ratio for the next fiscal year is 16.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 2.43. Its current Enterprise Value per Revenue stands at 1.483 whereas that against EBITDA is 8.676.

Stock Price History:

The Beta on a monthly basis for AMKR is 1.87, which has changed by 0.52046335 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, AMKR has reached a high of $40.58, while it has fallen to a 52-week low of $17.58. The 50-Day Moving Average of the stock is 21.00%, while the 200-Day Moving Average is calculated to be 34.15%.

Shares Statistics:

According to the various share statistics, AMKR traded on average about 955.86K shares per day over the past 3-months and 1420510 shares per day over the past 10 days. A total of 245.89M shares are outstanding, with a floating share count of 91.55M. Insiders hold about 62.81% of the company’s shares, while institutions hold 43.74% stake in the company. Shares short for AMKR as of 1715731200 were 4766510 with a Short Ratio of 5.03, compared to 1713139200 on 3534301. Therefore, it implies a Short% of Shares Outstanding of 4766510 and a Short% of Float of 4.4299997.

Dividends & Splits

The forward annual dividend rate for AMKR is 0.31, which was 0.308 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0076827137

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