Amkor Technology Inc. (NASDAQ: AMKR)’s stock price has soared by 6.78 in relation to previous closing price of 22.56. Nevertheless, the company has seen a gain of 4.88% in its stock price over the last five trading days.
Is It Worth Investing in Amkor Technology Inc. (NASDAQ: AMKR) Right Now?
Amkor Technology Inc. (NASDAQ: AMKR) has a higher price-to-earnings ratio of 9.26x compared to its average ratio,, and the 36-month beta value for AMKR is at 1.74. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for AMKR is $28.70, which is $4.61 above the current market price. The public float for AMKR is 101.43M, and currently, shorts hold a 2.95% of that float. The average trading volume for AMKR on May 26, 2023 was 840.90K shares.
AMKR’s Market Performance
The stock of Amkor Technology Inc. (AMKR) has seen a 4.88% increase in the past week, with a 10.10% rise in the past month, and a -4.67% fall in the past quarter. The volatility ratio for the week is 2.63%, and the volatility levels for the past 30 days are at 3.12% for AMKR. The simple moving average for the past 20 days is 9.65% for AMKR’s stock, with a 1.51% simple moving average for the past 200 days.
AMKR Trading at 2.60% from the 50-Day Moving Average
After a stumble in the market that brought AMKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.23% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares surge +9.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.27% lower at present.
During the last 5 trading sessions, AMKR rose by +4.88%, which changed the moving average for the period of 200-days by +15.93% in comparison to the 20-day moving average, which settled at $22.07. In addition, Amkor Technology Inc. saw 0.46% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMKR starting from Faust Megan, who sale 2,700 shares at the price of $22.66 back on May 24. After this action, Faust Megan now owns 35,394 shares of Amkor Technology Inc., valued at $61,182 using the latest closing price.
Faust Megan, the CFO of Amkor Technology Inc., sale 6,000 shares at $23.29 during a trade that took place back on Apr 20, which means that Faust Megan is holding 35,394 shares at $139,740 based on the most recent closing price.
Stock Fundamentals for AMKR
Current profitability levels for the company are sitting at:
- +12.65 for the present operating margin
- +18.75 for the gross margin
The net margin for Amkor Technology Inc. stands at +10.80. The total capital return value is set at 18.75, while invested capital returns managed to touch 17.04. Equity return is now at value 18.20, with 9.70 for asset returns.
Based on Amkor Technology Inc. (AMKR), the company’s capital structure generated 41.59 points at debt to equity in total, while total debt to capital is 29.37. Total debt to assets is 22.37, with long-term debt to equity ratio resting at 34.19. Finally, the long-term debt to capital ratio is 24.15.
When we switch over and look at the enterprise to sales, we see a ratio of 0.84, with the company’s debt to enterprise value settled at 0.25. The receivables turnover for the company is 5.40 and the total asset turnover is 1.10. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
In conclusion, Amkor Technology Inc. (AMKR) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
