Amkor Technology (AMKR) has risen sharply, recording gains of 46.11% in the past 4 weeks. However, the stock has corrected -0.76% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 46.41% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The shares have received a consensus rating of Sell for the current week The stock has recorded a twenty day Moving Average of 9.18% and the fifty day Moving Average is 31.92%. Amkor Technology, Inc. is up 44.5% in the last three month period. Year-to-Date the stock performance stands at 51.15%.
Amkor Technology (NASDAQ:AMKR): stock turned positive on Friday. Though the stock opened at $9.12, the bulls momentum made the stock top out at $9.35 level for the day. The stock recorded a low of $9.02 and closed the trading day at $9.19, in the green by 0.66%. The total traded volume for the day was 912,578. The stock had closed at $9.13 in the previous days trading.
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.