ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Announces Earnings Results

ChipMOS TECHNOLOGIES (NASDAQ:IMOSGet Free Report) posted its earnings results on Tuesday. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, reports. The firm had revenue of $191.70 million during the quarter. ChipMOS TECHNOLOGIES had a net margin of 8.67% and a return on equity of 7.72%.

ChipMOS TECHNOLOGIES Trading Down 3.6 %

NASDAQ:IMOS traded down $0.78 during trading hours on Friday, hitting $20.83. The stock had a trading volume of 11,986 shares, compared to its average volume of 18,550. ChipMOS TECHNOLOGIES has a 1-year low of $20.38 and a 1-year high of $32.19. The business has a 50 day simple moving average of $22.65 and a two-hundred day simple moving average of $24.82. The company has a market cap of $757.42 million, a PE ratio of 14.69 and a beta of 0.91.

Institutional Trading of ChipMOS TECHNOLOGIES

Several large investors have recently bought and sold shares of IMOS. Caprock Group LLC acquired a new stake in ChipMOS TECHNOLOGIES in the second quarter valued at approximately $441,000. Blue Trust Inc. boosted its stake in shares of ChipMOS TECHNOLOGIES by 49,831.3% during the 2nd quarter. Blue Trust Inc. now owns 7,989 shares of the semiconductor company’s stock valued at $209,000 after buying an additional 7,973 shares during the last quarter. HBK Sorce Advisory LLC purchased a new position in shares of ChipMOS TECHNOLOGIES during the 1st quarter valued at approximately $201,000. Ballentine Partners LLC boosted its stake in shares of ChipMOS TECHNOLOGIES by 20.2% during the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock valued at $364,000 after buying an additional 2,611 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of ChipMOS TECHNOLOGIES by 4.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock valued at $1,431,000 after buying an additional 2,319 shares during the last quarter. Institutional investors and hedge funds own 7.39% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of ChipMOS TECHNOLOGIES from a “buy” rating to a “hold” rating in a research report on Thursday.

Read Our Latest Analysis on ChipMOS TECHNOLOGIES

About ChipMOS TECHNOLOGIES

(Get Free Report)

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.

Further Reading

Earnings History for ChipMOS TECHNOLOGIES (NASDAQ:IMOS)

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