Siliconware Precision Industries Co. (NASDAQ:SPIL)’s share price dropped 0.8% during mid-day trading on Monday . The company traded as low as $7.45 and last traded at $7.46, with a volume of 53,637 shares traded. The stock had previously closed at $7.52.

SPIL has been the subject of a number of recent research reports. Citigroup Inc. lowered shares of Siliconware Precision Industries from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 27th. Credit Suisse Group AG lowered shares of Siliconware Precision Industries from an “outperform” rating to a “neutral” rating in a research report on Monday, April 18th. One equities research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Siliconware Precision Industries currently has an average rating of “Hold”.

The company has a 50 day moving average price of $7.75 and a 200 day moving average price of $7.61. The stock has a market cap of $4.65 billion and a price-to-earnings ratio of 19.89.

Siliconware Precision Industries (NASDAQ:SPIL) last released its quarterly earnings data on Thursday, April 28th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.71. During the same quarter in the prior year, the company posted $0.83 EPS. The firm earned $19.30 billion during the quarter, compared to the consensus estimate of $19.77 billion. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. Equities analysts forecast that Siliconware Precision Industries Co. will post $0.62 earnings per share for the current fiscal year.

The business also recently disclosed a dividend, which will be paid on Thursday, July 28th. Stockholders of record on Monday, June 27th will be paid a $0.477 dividend. The ex-dividend date is Thursday, June 23rd.

A hedge fund recently raised its stake in Siliconware Precision Industries stock. Bank of Montreal Can increased its stake in shares of Siliconware Precision Industries Co. (NASDAQ:SPIL) by 47,462.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 612,131 shares of the company’s stock after buying an additional 610,844 shares during the period. Bank of Montreal Can owned approximately 0.10% of Siliconware Precision Industries worth $4,744,000 as of its most recent filing with the SEC.

Siliconware Precision Industries Co, Ltd. is an independent provider of semiconductor packaging and testing services. The Company offers packaging and testing solutions, including advanced packages, substrate packages and lead-frame packages, as well as testing for logic and mixed signal devices. It also offers its customers turnkey service, from packaging and testing to shipment service.

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