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After finishing at $38.96 in the prior trading day, AMKOR Technology Inc. (NASDAQ: AMKR) closed at $38.18, down -2.00%. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 1.93 million shares were traded. AMKR stock price reached its highest trading level at $39.65 during the session, while it also had its lowest trading level at $37.25.
Ratios:
Our goal is to gain a better understanding of AMKR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.46. 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 Jul 15 ’24 when Rutten Guillaume Marie Jean sold 25,000 shares for $42.94 per share. The transaction valued at 1,073,515 led to the insider holds 128,333 shares of the business.
Rutten Guillaume Marie Jean sold 25,000 shares of AMKR for $870,500 on Jun 17 ’24. The President and CEO now owns 94,476 shares after completing the transaction at $34.82 per share. On Jun 10 ’24, another insider, Engel Kevin, who serves as the Executive Vice President of the company, sold 4,921 shares for $33.22 each. As a result, the insider received 163,476 and left with 0 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 9590777856 and an Enterprise Value of 9193372672. As of this moment, AMKOR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.28, and their Forward P/E ratio for the next fiscal year is 15.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 1.437 whereas that against EBITDA is 8.406.
Stock Price History:
Over the past 52 weeks, AMKR has reached a high of $44.86, while it has fallen to a 52-week low of $17.58. The 50-Day Moving Average of the stock is 3.22%, while the 200-Day Moving Average is calculated to be 21.41%.
Shares Statistics:
The stock has traded on average 1.50M shares per day over the past 3-months and 1409350 shares per day over the last 10 days, according to various share statistics. A total of 245.89M shares are outstanding, with a floating share count of 96.65M. Insiders hold about 60.74% of the company’s shares, while institutions hold 43.44% stake in the company. Shares short for AMKR as of 1721001600 were 2892088 with a Short Ratio of 1.93, compared to 1718323200 on 4813584. Therefore, it implies a Short% of Shares Outstanding of 2892088 and a Short% of Float of 2.69.
Dividends & Splits
In the trailing 12 months, AMKR’s forward annual dividend rate was 0.308, compared to 0.31 this year. Against a Trailing Annual Dividend Yield of 0.007905545
