For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of AMKOR Technology Inc. (NASDAQ: AMKR) was $32.37 for the day, up 0.09% from the previous closing price of $32.34. In other words, the price has increased by $0.09 from its previous closing price. On the day, 1.04 million shares were traded. AMKR stock price reached its highest trading level at $32.9736 during the session, while it also had its lowest trading level at $32.08.
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 5.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.65. 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:
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 May 02 ’24 when ROGERS MARK N sold 5,000 shares for $31.30 per share. The transaction valued at 156,500 led to the insider holds 25,280 shares of the business.
Rutten Guillaume Marie Jean sold 25,000 shares of AMKR for $779,250 on Apr 16 ’24. The President and CEO now owns 114,476 shares after completing the transaction at $31.17 per share. On Mar 15 ’24, another insider, Rutten Guillaume Marie Jean, who serves as the President and CEO of the company, sold 25,000 shares for $31.23 each. As a result, the insider received 780,750 and left with 124,476 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 7968522752 and an Enterprise Value of 7763123200. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.43, and their Forward P/E ratio for the next fiscal year is 13.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 1.214 whereas that against EBITDA is 7.098.
Stock Price History:
Over the past 52 weeks, AMKR has reached a high of $37.00, while it has fallen to a 52-week low of $17.58. The 50-Day Moving Average of the stock is 2.19%, while the 200-Day Moving Average is calculated to be 13.95%.
Shares Statistics:
AMKR traded an average of 1.03M shares per day over the past three months and 1295290 shares per day over the past ten days. A total of 245.89M shares are outstanding, with a floating share count of 110.93M. Insiders hold about 54.94% of the company’s shares, while institutions hold 43.36% stake in the company. Shares short for AMKR as of 1713139200 were 3534301 with a Short Ratio of 3.44, compared to 1710460800 on 3374657. Therefore, it implies a Short% of Shares Outstanding of 3534301 and a Short% of Float of 3.2800000000000002.
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 0.00952381
