Amkor Technology, Inc. stock performance trend indicates that the stock price has rallied 0.64% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.1% . Looking at the past 52 week period, the stock price is up at 97.68% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Amkor Technology, Inc. has a positive value of 64.8 compared to overall market.Amkor Technology, Inc. is having a Relative Strength Index of 65.48 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Amkor Technology, Inc. (NASDAQ:AMKR) has climbed 1.84% in the past week and advanced 10.35% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.59% and the outperformance has advanced to 9.09% for the last 4 weeks period.
The shares have received a consensus rating of Sell for the current week Amkor Technology, Inc. (NASDAQ:AMKR) : On Friday heightened volatility was witnessed in Amkor Technology, Inc. (NASDAQ:AMKR) which led to swings in the share price. The stock opened for trading at $10.97 and hit $11.15 on the upside , eventually ending the session at $11.09, with a gain of 1.28% or 0.14 points. The heightened volatility saw the trading volume jump to 1,671,958 shares. The 52-week high of the share price is $12.48 and the company has a market cap of $2,648 million. The 52-week low of the share price is at $5.24 .
Company has reported several Insider transactions to the SEC, on Nov 23, 2016, Stephen Douglas Kelley (President and CEO) sold 85,214 shares at 12.22 per share price.On Nov 22, 2016, John Osborne (director) sold 6,994 shares at 12.27 per share price.On Nov 22, 2016, John Charles Stone (Executive Vice President) sold 25,000 shares at 12.35 per share price.
Amkor Technology Last issued its quarterly earnings results on Feb 13, 2017. The company reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $0.27. The company had revenue of $1021.61 million for the quarter, compared to analysts expectations of $1037.14 million. The companys revenue was up 52.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.04 EPS.
Amkor is the worlds largest independent provider of semiconductor packaging and test services. Also, the company is one of the leading developers of advanced semiconductor packaging and test technology. The company offers one of the industrys broadest integrated sets of packaging and test services, which are the final procedures necessary to prepare semiconductor devices for further use. Its customers outsource the packaging and testing of semiconductor chips to the company in order to benefit from the our expertise in the development and implementation.