ChipMOS Technologies (NASDAQ:IMOS) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, April 11th, BidAskClub reports.
Shares of IMOS traded up $0.27 on Thursday, hitting $17.63. The company’s stock had a trading volume of 3,145 shares, compared to its average volume of 13,370. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.27 and a quick ratio of 1.93. ChipMOS Technologies has a fifty-two week low of $12.26 and a fifty-two week high of $18.99. The company has a market capitalization of $641.22 million, a P/E ratio of 18.01 and a beta of 0.47.
ChipMOS Technologies (NASDAQ:IMOS) last posted its quarterly earnings data on Thursday, March 7th. The semiconductor company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.09. The firm had revenue of $4.97 billion during the quarter, compared to analysts’ expectations of $5.02 billion. ChipMOS Technologies had a net margin of 5.91% and a return on equity of 6.01%. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year.
About ChipMOS Technologies
ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high integration and high precision integrated circuits, and related assembly and testing services. It provides a range of back-end assembly and test services, including engineering test, wafer probing and final test of memory and logic/mixed-signal semiconductors, as well as leadframe-and organic substrate-based package assembly services for memory and logic/mixed-signal semiconductors; and gold bumping, reel to reel assembly, and test services for LCD and other flat-panel display driver semiconductors.
Further Reading: Price to Earnings Ratio (PE) Basics
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