ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Downgraded to “Hold” Rating by StockNews.com

Posted by ABMN Staff on Jan 21st, 2025

ChipMOS TECHNOLOGIES (NASDAQ:IMOS – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

ChipMOS TECHNOLOGIES Stock Performance

Shares of IMOS stock opened at $18.24 on Tuesday. The company has a quick ratio of 2.72, a current ratio of 3.07 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average of $19.08 and a 200 day moving average of $21.81. The firm has a market capitalization of $663.21 million, a price-to-earnings ratio of 12.76 and a beta of 0.86. ChipMOS TECHNOLOGIES has a 52 week low of $17.70 and a 52 week high of $32.19.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS – Get Free Report) last posted its earnings results on Tuesday, November 5th. The semiconductor company reported $0.26 EPS for the quarter. ChipMOS TECHNOLOGIES had a net margin of 7.25% and a return on equity of 6.66%. The firm had revenue of $191.70 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ChipMOS TECHNOLOGIES stock. Blue Trust Inc. boosted its position in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS – Free Report) by 18.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,429 shares of the semiconductor company’s stock after purchasing an additional 1,440 shares during the quarter. Blue Trust Inc.’s holdings in ChipMOS TECHNOLOGIES were worth $221,000 at the end of the most recent quarter. 7.39% of the stock is currently owned by institutional investors.

ChipMOS TECHNOLOGIES Company Profile

(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.