The share price is now 5.8 percent versus its SMA20, 6.03 percent versus its SMA50, and 10.2 percent versus its SMA200. Recent traded volume was 2 million shares versus to it an average volume of 1.75 million shares. Analysts rating the company a 4 or 5 indicate a Sell recommendation.
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On Tuesday, Shares of Williams Companies Inc (NYSE:WMB) inclined 5.55% to $23.78. The company has total market value of 1.73B. Revenue for the quarter came in at $917 million as compared to the consensus estimate of $876.28 million. Amkor Technology, Inc. (NASDAQ:AMKR) has risen 32.57% since December 31, 2015 and is uptrending.
Looking forward to the third quarter, Amkor expects third quarter earnings of $0.12 to $0.28 per share and revenues of $1.01 billion to $1.09 billion.
“We incurred approximately $13 million of incremental natural disaster costs that reduced gross margin by 150 basis points and earnings per diluted share by $0.04”, said CFO Joanne Solomon. The one year high of the company is $810.35 and the one year low is $593.09. Vident Investment Advisory Llc owns 2.58 million shares or 0.77% of their U.S. portfolio. California Public Employees Retirement System now owns 804,159 shares of the company’s stock worth $4,889,000 after buying an additional 22,800 shares during the period. The Average price target is noted at $936.86, this average price is calculated and based on coming up with go through the consensus of analysts and stock’s current price is placed at $800.12. Finally, Hanson & Doremus Investment Management boosted its position in shares of Amkor Technology by 1.0% in the fourth quarter.
AMKR has been the topic of a number of other reports.
Deutsche Bank upped its price target to $7.50 from $6 and maintained its “hold” rating on the stock after the results. Credit Suisse Group AG downgraded shares of Amkor Technology from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 28th.
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Amkor Technology, Inc. (Amkor) is a provider of outsourced semiconductor packaging and test services. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on the brokers price target of 6.2, this means Citigroup believes there is a potential decrease of -17.5% from the current stock price of 7.52. The Company’s packaging and test services are created to meet application and chip specific requirements, including the type of interconnect technology employed, size, thickness and electrical, and mechanical and thermal performance.
