Amkor Technology Inc. (NASDAQ:AMKR)’s share price was up 5.7% on Friday . The stock traded as high as $5.93 and last traded at $5.92, with a volume of 389,297 shares trading hands. The stock had previously closed at $5.60.

Several equities analysts have weighed in on AMKR shares. Zacks Investment Research upgraded Amkor Technology from a “sell” rating to a “hold” rating in a report on Monday, April 4th. Citigroup Inc. lowered Amkor Technology from a “neutral” rating to a “sell” rating in a research note on Wednesday, May 25th. Credit Suisse Group AG lowered Amkor Technology from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 28th. Finally, Topeka Capital Markets raised their price objective on Amkor Technology from $6.00 to $7.00 and gave the company a “buy” rating in a research note on Thursday, April 28th. One investment 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’s stock. The company has an average rating of “Hold” and a consensus target price of $6.51.

The stock has a 50 day moving average price of $6.02 and a 200 day moving average price of $5.68. The firm has a market capitalization of $1.41 billion and a PE ratio of 51.83.

Other large investors have recently bought and sold shares of the company. Bank of Montreal Can raised its stake in Amkor Technology by 346.6% in the fourth quarter. Bank of Montreal Can now owns 498,882 shares of the company’s stock valued at $3,034,000 after buying an additional 387,186 shares during the period. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Amkor Technology by 2.1% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 435,264 shares of the company’s stock valued at $2,647,000 after buying an additional 9,002 shares during the period. California Public Employees Retirement System raised its stake in Amkor Technology by 2.9% in the fourth quarter. California Public Employees Retirement System now owns 804,159 shares of the company’s stock valued at $4,889,000 after buying an additional 22,800 shares during the period. Oxford Asset Management raised its stake in Amkor Technology by 116.2% in the fourth quarter. Oxford Asset Management now owns 566,910 shares of the company’s stock valued at $3,549,000 after buying an additional 304,649 shares during the period. Finally, Nationwide Fund Advisors raised its stake in Amkor Technology by 108.1% in the fourth quarter. Nationwide Fund Advisors now owns 371,227 shares of the company’s stock valued at $2,257,000 after buying an additional 192,877 shares during the period.

Amkor Technology, Inc (Amkor) is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology employed, size, thickness and electrical, and mechanical and thermal performance.

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