ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $18.11 and last traded at $18.13, with a volume of 22772 shares changing hands. The stock had previously closed at $18.68.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of ChipMOS TECHNOLOGIES from a "buy" rating to a "hold" rating in a research report on Friday, December 20th.
Read Our Latest Stock Report on ChipMOS TECHNOLOGIES
ChipMOS TECHNOLOGIES Stock Performance
The company has a debt-to-equity ratio of 0.49, a current ratio of 3.07 and a quick ratio of 2.72. The company has a market capitalization of $659.24 million, a PE ratio of 12.68 and a beta of 0.86. The stock has a 50-day simple moving average of $19.56 and a 200 day simple moving average of $22.28.
ChipMOS TECHNOLOGIES (NASDAQ:IMOS - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The semiconductor company reported $0.26 EPS for the quarter. The firm had revenue of $191.70 million for the quarter. ChipMOS TECHNOLOGIES had a net margin of 7.25% and a return on equity of 6.66%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of IMOS. Caprock Group LLC purchased a new position in ChipMOS TECHNOLOGIES in the 2nd quarter valued at about $441,000. Vanguard Personalized Indexing Management LLC boosted its position in ChipMOS TECHNOLOGIES by 4.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company's stock worth $1,431,000 after acquiring an additional 2,319 shares during the last quarter. Blue Trust Inc. grew its stake in ChipMOS TECHNOLOGIES by 18.0% in the 3rd quarter. Blue Trust Inc. now owns 9,429 shares of the semiconductor company's stock worth $221,000 after acquiring an additional 1,440 shares during the period. Finally, Ballentine Partners LLC raised its holdings in ChipMOS TECHNOLOGIES by 20.2% in the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company's stock valued at $364,000 after acquiring an additional 2,611 shares during the last quarter. 7.39% of the stock is currently owned by institutional investors and hedge funds.
About ChipMOS TECHNOLOGIES
(
Get Free Report)
ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People's Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.
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