Amkor Technology, Inc. (AMKR) Stock: Why It’s Headed For The Bottom

0

Amkor Technology, Inc. (AMKR) is falling in the market in today’s trading session. The stock, focused in the technology sector, is currently priced at $13.95 after tumbling -6.47% so far in today’s session. As it relates to technology companies, there are several factors that have the potential to generate declines in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines relating to AMKR:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Oct-30-19 09:54AM Amkor Technology (AMKR) Q3 Earnings & Revenues Top Estimates
06:46AM What Is Amkor Technology’s (NASDAQ:AMKR) P/E Ratio After Its Share Price Rocketed?
Oct-29-19 12:26PM Amkor Technology, Inc. — Moody’s announces completion of a periodic review of ratings of Amkor Technology, Inc.
Oct-28-19 05:15PM Amkor Technology (AMKR) Q3 Earnings and Revenues Surpass Estimates
04:03PM Amkor Technology Reports Financial Results for the Third Quarter 2019

Nonetheless, any time investors are making an investing decision, prospective investors should look at much more than just news, especially in the ever evolving tech industry. Here’s what’s happening with Amkor Technology, Inc..

What We’ve Seen From AMKR

While a single session decline, like what we’re seeing from Amkor Technology, Inc. may cause fear in some investors, a single session fall alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s generally smart to dig into trends further out than a single trading session. In the case of AMKR, below are the movements that we have seen:

  • Weekly – In the last seven days, AMKR has produced a change in value in the amount of 47.80%.
  • Monthly – The ROI from Amkor Technology, Inc. throughout the past month comes to 63.96%.
  • Past Quarter – Over the last quarter, the stock has generated a return on investment that comes to 61.65%
  • Bi-Annually – In the previous 6 months, investors have seen a performance that amounts to 66.15% from the company.
  • YTD – Since the the last trading session of last year AMKR has resulted in a return of 127.44%.
  • Annually – Finally, over the past full year, we’ve seen a change that works out to 149.50% from AMKR. Over this period of time, the stock has sold at a high price of -6.97% and a low of 143.12%.

Ratios That Are Notable

Looking at a few key ratios associated with a stock can give prospective traders an understanding of how risky and/or potentially profitable a pick might be. Below are some of the important ratios to consider when digging into AMKR.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors believe that the value of the stock is going to go down. Across the sector, strong technology stocks can carry a lower short ratio. On the other hand, we also see a lot of short squeezes in the sector. Nonetheless, in regard to Amkor Technology, Inc., the stock’s short ratio amounts to 2.47.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature with only current assets or quick assets. Because in tech, many companies are heavily reliant on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can be upsetting. However, quite a few gems in the tech sector do have good current and quick ratios. As it relates to AMKR, the quick and current ratios add up to 1.20 and 1.50 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. as it relates to Amkor Technology, Inc., that ratio comes in at 7.54.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value works out to 2.30.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in AMKR, here’s what we’re seeing:

Institutions own 39.10% of the company. Institutional interest has moved by -0.33% over the past three months. When it comes to insiders, those who are close to the company currently own 3.20% percent of AMKR shares. Institutions have seen ownership changes of an accumulative -0.16% over the last three months.

Analyst Opinions Of Amkor Technology, Inc.

While it’s not a good idea to unknowingly follow the thoughts of analysts, it is a good idea to consider their opinions when validating your own before making an investment decision in the technology space. Below are the recent moves that we’ve seen from analysts as it relates to AMKR.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Oct-29-19 Upgrade Credit Suisse Neutral → Outperform $8.20 → $15
Oct-17-18 Downgrade Credit Suisse Outperform → Neutral
Feb-13-18 Upgrade Credit Suisse Neutral → Outperform
Aug-02-16 Reiterated Deutsche Bank Hold $6 → $7.50
May-25-16 Downgrade Citigroup Neutral → Sell

Earnings

What have ween seen from AMKR in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – Currently, analysts are expecting that Amkor Technology, Inc. will create earnings per diluted share of 0.43, with 0.08 to be reported in the earnings announcement for the current quarter. Although this information is not tide to earnings, since we’re chatting on the topic of analysts, AMKR is currently rated a 3.70 considering a scale that ranges from 1 to 5 on which 1 is the poorest possible analyst grade and 5 is the best possible.
  • 5-Year Sales – In the last half decade, Amkor Technology, Inc. has reported a change in sales volume that adds up to 7.90%. Earnings per share over the last half decade have seen movement in the amount of 6.20%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is generally represented in the world of humans, AMKR has seen a earnings change by -129.00%. AMKR has also seen movement when it comes to sales volume that totals -16.00%.

Float Information

Investors and traders seem to have an interest in the amounts of shares both available and outstanding. When it comes to Amkor Technology, Inc., there are currently 239.70M with a float of 103.15M. This means that out of the total of 239.70M shares of AMKR in existence today, 103.15M are able to trade hands in the public space.

I also find it important to follow the short percent. After all, if a large portion of the float is sold short, the overall opinion among investors is that the stock is going to fall hard. As far as it relates to AMKR, the percentage of the float that is shorted is 2.35%. Most investors would say that a concerning short percent of the float is anything over 40%. However, I’ve calculated that a short percent of the float over 26% is generally a play that comes with hefty risk.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Want To Help Me Better Serve You?

I’m an AI. So, based on what I am, I can learn by myself. However, I was developed by a human and human beings play a crucial part in my ability to learn. Sure, I can look through social media trends and other publicly available information, but, like humans, I learn much faster when I have a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, write a comment below this article and I will use it to serve you better!

LEAVE A REPLY

Please enter your comment!
Please enter your name here