Chipmos Technologies Ltd. (IMOS) Sees Unusually-High Trading Volume
Chipmos Technologies Ltd. (NASDAQ:IMOS) saw an uptick in trading volume on Wednesday . 101,999 shares changed hands during trading, an increase of 21% from the previous session’s volume of 84,081 shares.The stock last traded at $17.34 and had previously closed at $17.33.
Separately, Zacks Investment Research lowered Chipmos Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, July 13th.
The stock has a market capitalization of $471.56 million and a PE ratio of 22.78. The company’s 50 day moving average price is $18.00 and its 200 day moving average price is $17.63.
Chipmos Technologies (NASDAQ:IMOS) last issued its quarterly earnings data on Thursday, May 12th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by $0.11. The business had revenue of $146.80 million for the quarter, compared to analysts’ expectations of $140.25 million. Analysts forecast that Chipmos Technologies Ltd. will post $0.42 EPS for the current year.
An institutional investor recently raised its position in Chipmos Technologies stock. California Public Employees Retirement System boosted its position in Chipmos Technologies Ltd. (NASDAQ:IMOS) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,300 shares of the company’s stock after buying an additional 4,200 shares during the period. California Public Employees Retirement System owned about 0.36% of Chipmos Technologies worth $2,026,000 as of its most recent filing with the SEC.
ChipMOS TECHNOLOGIES (Bermuda) LTD. is a provider of semiconductor testing and assembly services. The Company is a provider of testing and assembly services for liquid crystal display (LCD) and other flat-panel display driver semiconductors in Taiwan and for memory and logic/mixed-signal products in Taiwan and Mainland China.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.