Amkor Technology Inc (NASDAQ: AMKR) stock suffered a major decline of -18.9% on 7/30/24. The shares closed at $30.51. Moreover, exceptionally high trading volume at 351% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -25.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AMKR is expected to continue to be an important Value Builder.
Amkor Technology has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Amkor Technology has a slightly positive Appreciation Score of 64 and a good Power Rating of 76, and the Positive Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment