Company Shares of Amkor Technology (NASDAQ:AMKR) Rally 4.38%

Amkor Technology (NASDAQ:AMKR) has been under a strong bear grip, hence the stock is down -4% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.06% in the past 1 week. The stock has risen by 4.38% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.46% in the past 4 weeks.

The company shares have rallied 4.01% from its 1 Year high price. On Dec 3, 2015, the shares registered one year high at $7.05 and the one year low was seen on Jul 28, 2015. The 50-Day Moving Average price is $6.03 and the 200 Day Moving Average price is recorded at $5.68.

The stock has recorded a 20-day Moving Average of 1.41% and the 50-Day Moving Average is 0.73%.


Amkor Technology (NASDAQ:AMKR): stock turned positive on Friday. Though the stock opened at $5.69, the bulls momentum made the stock top out at $6 level for the day. The stock recorded a low of $5.69 and closed the trading day at $5.96, in the green by 6.43%. The total traded volume for the day was 901,070. The stock had closed at $5.6 in the previous days trading.

In an insider trading activity, Churchill Winston J, director of Amkor Technology, Inc., had purchased 11,300 shares on August 11, 2015. The total value of the transaction was $49,155. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Amkor Technology, Inc. (Amkor) is a provider of outsourced semiconductor packaging and test services. The Companys packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology employed, size, thickness and electrical, and mechanical and thermal performance. It provides packaging and test services, including semiconductor wafer bump, wafer probe, wafer backgrind, package design, packaging, test and drop shipment services. The Company provides its services to integrated device manufacturers (IDMs), fabless semiconductor companies and contract foundries. IDMs design, manufacture, package and test semiconductors in their own facilities. Fabless semiconductor companies focuses on the semiconductor design process and manufacturing process.

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