Amkor Technology's (AMKR, Financial) stock has experienced a notable decline, dropping 5.00% to $30.03 per share, with a trading volume of approximately 504,609 shares and a turnover rate of 0.20%. The stock's price fluctuation reached 5.31%.
In its latest financial report, Amkor Technology posted a revenue of $1.461 billion and a net profit of $66.9 million, translating to an earnings per share of $0.27. The company has a gross profit of $212 million and a P/E ratio of 19.76.
Analyst ratings show that among 12 participating institutions, 58% recommend buying the stock, 33% suggest holding, while 9% advise selling.
The semiconductor industry as a whole saw a decrease of 8.62%. Within this sector, companies like Wolfspeed, Inc., Gct Semiconductor Holding, Inc., and Trio-Tech International experienced notable gains. Meanwhile, stocks such as Wolfspeed, Inc. and Aehr Test Systems showed high activity with turnover rates of 42.39% and 4.10%, respectively. Significant price fluctuations were noted for Wolfspeed, Inc., ASML Holding, and Mobix Labs, Inc.
Amkor Technology is a provider of outsourced semiconductor packaging and testing services for integrated device manufacturers, fabless semiconductor companies, and contract foundries. The company's product range is divided into advanced products, including flip chip and wafer-level processes, and mainstream products, which include lead-frame packages. Approximately one-third of its revenue is generated in the U.S., with the remainder from countries such as China, Ireland, Japan, Malaysia, Taiwan, and Singapore.
