Amkor Technology (AMKR) in Focus: Shares Gain 10.8%
Amkor Technology, Inc. AMKR was a big mover last session, as the company saw its shares rise roughly 11% on the day. Shares moved up after the company beat analysts’ earnings estimates for the third quarter of 2015. This led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 50% over the past one-month time frame.
None of the estimates for this semiconductor industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Amkor Technology carries a Zacks Rank #2 (Buy).
Investors interested in the space may also consider CEVA Inc. CEVA, sporting a Zacks Rank #1 (Strong Buy).
Is AMKR going up? Or down? Predict to see what others think: Up or Down
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AMKOR TECH INC (AMKR): Free Stock Analysis Report
CEVA INC (CEVA): Free Stock Analysis Report
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