Shares of Amkor Technology Inc. (NASDAQ:AMKR) traded today at $28.70, eclipsing its 52-week high. So far today approximately 212,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm’s products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm’s revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world.
Amkor Technology Inc. (NASDAQ:AMKR) is currently priced 28.3% above its average consensus analyst price target of $20.44.
In the past 52 weeks, Amkor Technology Inc. share prices are bracketed by a low of $10.71 and a high of $28.70 and is now at $28.52, 166% above that low price.
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