StockNews.com downgraded shares of ChipMOS TECHNOLOGIES (NASDAQ:IMOS - Free Report) from a buy rating to a hold rating in a research note published on Tuesday.
ChipMOS TECHNOLOGIES Price Performance
NASDAQ IMOS traded up $0.86 during trading hours on Tuesday, reaching $19.10. 23,689 shares of the stock traded hands, compared to its average volume of 21,124. 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 stock has a 50 day simple moving average of $19.08 and a two-hundred day simple moving average of $21.81. ChipMOS TECHNOLOGIES has a 1 year low of $17.70 and a 1 year high of $32.19. The company has a market cap of $694.48 million, a price-to-earnings ratio of 13.36 and a beta of 0.86.
ChipMOS TECHNOLOGIES (NASDAQ:IMOS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The semiconductor company reported $0.26 earnings per share for the quarter. The company had revenue of $191.70 million for the quarter. ChipMOS TECHNOLOGIES had a return on equity of 6.66% and a net margin of 7.25%.
Institutional Trading of ChipMOS TECHNOLOGIES
An institutional investor recently raised its position in ChipMOS TECHNOLOGIES stock. Ballentine Partners LLC increased its stake in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS - Free Report) by 11.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,348 shares of the semiconductor company's stock after acquiring an additional 1,801 shares during the period. Ballentine Partners LLC's holdings in ChipMOS TECHNOLOGIES were worth $327,000 as of its most recent SEC filing. Institutional investors own 7.39% of the company's stock.
About ChipMOS TECHNOLOGIES
(
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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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