ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Stock Rating Upgraded by StockNews.com

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Monday.

ChipMOS TECHNOLOGIES Stock Performance

NASDAQ:IMOS opened at $18.28 on Monday. The firm’s fifty day simple moving average is $19.39 and its 200 day simple moving average is $22.09. The company has a current ratio of 3.07, a quick ratio of 2.72 and a debt-to-equity ratio of 0.49. ChipMOS TECHNOLOGIES has a twelve month low of $17.70 and a twelve month high of $32.19. The firm has a market capitalization of $664.70 million, a price-to-earnings ratio of 12.78 and a beta of 0.86.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last issued its quarterly earnings data on Tuesday, November 5th. The semiconductor company reported $0.26 EPS for the quarter. ChipMOS TECHNOLOGIES had a return on equity of 6.66% and a net margin of 7.25%. The company had revenue of $191.70 million for the quarter.

Institutional Trading of ChipMOS TECHNOLOGIES

Large investors have recently bought and sold shares of the company. Ballentine Partners LLC lifted its position in shares of ChipMOS TECHNOLOGIES by 20.2% during the third quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock worth $364,000 after purchasing an additional 2,611 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in 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 worth $1,431,000 after buying an additional 2,319 shares during the period. Finally, Blue Trust Inc. boosted its position in ChipMOS TECHNOLOGIES by 18.0% in the 3rd quarter. Blue Trust Inc. now owns 9,429 shares of the semiconductor company’s stock valued at $221,000 after buying an additional 1,440 shares during the last quarter. Institutional investors and hedge funds own 7.39% of the company’s stock.

About ChipMOS TECHNOLOGIES

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.