AMKOR Technology Inc (AMKR) At $17.48 Offering A Unique Opportunity

AMKOR Technology Inc (NASDAQ:AMKR) currently has a daily average trading volume of 2.63M but it saw 2795763 shares traded in last market. With a market cap of 4.32B USD, the company’s current market price of $17.48 came rising about 0.17 while comparing to the previous closing price of $17.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.19 and as low as $14.03. In the recent trading on the day, stock has struck highest price mark of $17.37 while lowest mark touched by it was $17.85.

Taking a look at 20-day trading activity of AMKOR Technology Inc (AMKR) gives us an average price of $16.52, while its current price level is -60.44% below from 52-week high level whereas it is 24.59% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $18.61 while that of 200 days or SMA-200 reads an average of $26.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.12% during that period while stretching the period over a month that increases to 7.05%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.14 which implies that the stock is in neutral territory.

Melius downgraded its recommendation for the stock as a “Hold” from “Buy” on January 06, 2025 while assigning a price target range of $34-$30. KeyBanc Capital Markets issued its recommendations for the stock as it initiated the price target for the stock is $38.

Over the week, AMKR’s stock price is moving 0.52% up while it is -3.48% when we observe its performance for the past one month. Year-to-date it is -31.96% down and over the past year, the stock is showing a downside performance of -43.61%.

The company is expected to be releasing its next quarterly report on 2025-Apr-27, for which analysts forecasted an EPS of 0.16 while estimate for next year EPS is 1.12. In next quarter, company is expected to be making quarterly sales of $1.77B as analysts are expecting the sales for current fiscal year at $6.24B and seeing the company making $6.73B in sales next year. Moreover, analysts are in estimates of $1.43B for current-quarter revenue.

Currently, AMKOR Technology Inc’s total number of outstanding shares is 247.06M with 54.69% of that held by the insiders while 45.72% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.03% and return on equity (ROE) at 7.76%. It has a price to earnings ratio (P/E ratio) of 13.70 while having a 11.47 of forward P/E ratio. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 1.04 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is 4.65% on average.