ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Shares Gap Down to $31.45

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOSGet Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $31.45, but opened at $30.78. ChipMOS TECHNOLOGIES shares last traded at $30.80, with a volume of 3,716 shares changing hands.

ChipMOS TECHNOLOGIES Price Performance

The company has a quick ratio of 2.77, a current ratio of 3.20 and a debt-to-equity ratio of 0.53. The firm’s fifty day moving average price is $29.02 and its 200 day moving average price is $26.63. The stock has a market cap of $1.11 billion, a PE ratio of 18.49 and a beta of 0.92.

ChipMOS TECHNOLOGIES (NASDAQ:IMOSGet Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The semiconductor company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.42 by $0.01. The business had revenue of $187.00 million for the quarter, compared to analysts’ expectations of $175.31 million. ChipMOS TECHNOLOGIES had a net margin of 8.85% and a return on equity of 7.66%. The business’s quarterly revenue was up 22.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.22 EPS.

Hedge Funds Weigh In On ChipMOS TECHNOLOGIES

Institutional investors have recently added to or reduced their stakes in the company. UBS Group AG purchased a new stake in shares of ChipMOS TECHNOLOGIES during the 1st quarter worth approximately $27,000. Russell Investments Group Ltd. bought a new position in ChipMOS TECHNOLOGIES during the second quarter valued at $57,000. Lindbrook Capital LLC grew its stake in shares of ChipMOS TECHNOLOGIES by 28.8% in the 3rd quarter. Lindbrook Capital LLC now owns 3,157 shares of the semiconductor company’s stock worth $73,000 after buying an additional 705 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of ChipMOS TECHNOLOGIES by 36.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,250 shares of the semiconductor company’s stock worth $75,000 after buying an additional 865 shares in the last quarter. Finally, Blue Trust Inc. bought a new stake in shares of ChipMOS TECHNOLOGIES in the 4th quarter worth about $94,000. Hedge funds and other institutional investors own 7.39% of the company’s stock.

ChipMOS TECHNOLOGIES Company Profile

(Get Free Report)

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in the People's Republic of China, 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.

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