Chipmos Technologies (NASDAQ:IMOS) Stock Passes Above 200 Day Moving Average - What's Next?

Key Points

• ChipMOS (IMOS) crossed above its 200‑day moving average, trading around $39.18 versus the 200‑day MA of $30.95 (intraday high $39.22) on a volume of about 54,900 shares.
• The company beat estimates last quarter with EPS $0.46 vs. $0.34 and revenue of $207.78 million (up 26.2% year‑over‑year), though valuation metrics show a high P/E (~91) and a market cap near $1.38 billion.
• Analyst and institutional signals are mixed: the consensus rating is a Hold despite recent upgrades (Wall Street Zen to Strong‑Buy; Weiss to Hold), while institutional ownership remains relatively low at about 7.4% with several funds modestly increasing positions.

Chipmos Technologies (NASDAQ:IMOS - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $30.95 and traded as high as $39.22. Chipmos Technologies shares last traded at $39.18, with a volume of 54,900 shares trading hands.

Analysts Set New Price Targets

IMOS has been the topic of several recent research reports. Wall Street Zen upgraded Chipmos Technologies from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 7th. Weiss Ratings upgraded Chipmos Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, January 12th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of "Hold".

Chipmos Technologies Trading Up 0.5%

The company has a fifty day simple moving average of $37.39 and a two-hundred day simple moving average of $30.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.47 and a quick ratio of 2.12. The company has a market capitalization of $1.38 billion, a P/E ratio of 91.12 and a beta of 1.04.

Chipmos Technologies (NASDAQ:IMOS - Get Free Report) last posted its earnings results on Tuesday, February 24th. The semiconductor company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.12. The company had revenue of $207.78 million for the quarter, compared to analyst estimates of $6.50 billion. Chipmos Technologies had a return on equity of 1.90% and a net margin of 1.88%.The business's revenue was up 26.2% compared to the same quarter last year. During the same period last year, the company earned $0.19 earnings per share.

Institutional Investors Weigh In On Chipmos Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in shares of Chipmos Technologies by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 91,919 shares of the semiconductor company's stock valued at $2,727,000 after purchasing an additional 356 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Chipmos Technologies by 3.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 73,380 shares of the semiconductor company's stock valued at $2,175,000 after purchasing an additional 2,240 shares during the last quarter. Rhumbline Advisers grew its position in shares of Chipmos Technologies by 51.4% in the second quarter. Rhumbline Advisers now owns 37,595 shares of the semiconductor company's stock valued at $681,000 after purchasing an additional 12,759 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Chipmos Technologies by 3.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 27,965 shares of the semiconductor company's stock valued at $829,000 after purchasing an additional 830 shares during the last quarter. Finally, Ballentine Partners LLC grew its position in shares of Chipmos Technologies by 5.0% in the fourth quarter. Ballentine Partners LLC now owns 21,521 shares of the semiconductor company's stock valued at $638,000 after purchasing an additional 1,028 shares during the last quarter. 7.39% of the stock is owned by institutional investors and hedge funds.

About Chipmos Technologies

ChipMOS Technologies Inc is a Taiwan‐based provider of outsourced semiconductor assembly, testing and packaging services. The company offers a comprehensive range of back‐end solutions including wafer probing, assembly, surface mount and final test services for memory chips, microcontrollers, system‐on‐chips and other integrated circuits. ChipMOS serves customers in the consumer electronics, communications, industrial and automotive markets by delivering reliable testing and packaging support to semiconductor fabless companies and foundries.

Founded in 1997 and headquartered in Hsinchu, Taiwan, ChipMOS operates multiple production facilities across Asia, including sites in Taoyuan (Taiwan), Guangdong Province (China) and Singapore.

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