ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Shares Gap Down to $31.45

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ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $31.45, but opened at $30.78. ChipMOS TECHNOLOGIES shares last traded at $30.80, with a volume of 3,716 shares trading hands.

ChipMOS TECHNOLOGIES Price Performance

The firm has a market capitalization of $1.12 billion, a P/E ratio of 18.61 and a beta of 0.92. The firm has a 50 day moving average price of $28.96 and a 200-day moving average price of $26.59. The company has a current ratio of 3.20, a quick ratio of 2.77 and a debt-to-equity ratio of 0.53.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. The business had revenue of $187.00 million during the quarter, compared to analyst estimates of $175.31 million. ChipMOS TECHNOLOGIES had a return on equity of 7.66% and a net margin of 8.85%. The company's revenue for the quarter was up 22.2% on a year-over-year basis. During the same period last year, the company earned $0.22 EPS.

Institutional Investors Weigh In On ChipMOS TECHNOLOGIES

Several institutional investors have recently modified their holdings of IMOS. BlackRock Inc. lifted its stake in shares of ChipMOS TECHNOLOGIES by 17.7% in the 1st quarter. BlackRock Inc. now owns 98,198 shares of the semiconductor company's stock valued at $3,489,000 after purchasing an additional 14,773 shares during the last quarter. LSV Asset Management lifted its stake in shares of ChipMOS TECHNOLOGIES by 65.9% in the 1st quarter. LSV Asset Management now owns 6,800 shares of the semiconductor company's stock valued at $242,000 after purchasing an additional 2,700 shares during the last quarter. Renaissance Group LLC lifted its stake in shares of ChipMOS TECHNOLOGIES by 7.3% in the 1st quarter. Renaissance Group LLC now owns 32,696 shares of the semiconductor company's stock valued at $1,162,000 after purchasing an additional 2,235 shares during the last quarter. Vident Investment Advisory LLC bought a new stake in shares of ChipMOS TECHNOLOGIES in the 1st quarter valued at approximately $241,000. Finally, Evergreen Capital Management LLC lifted its stake in shares of ChipMOS TECHNOLOGIES by 13.9% during the 1st quarter. Evergreen Capital Management LLC now owns 6,812 shares of the semiconductor company's stock worth $242,000 after acquiring an additional 833 shares during the last quarter. 7.39% of the stock is owned by institutional investors.


About ChipMOS TECHNOLOGIES

(Get Free Report)

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high-integration and high-precision integrated circuits, and related assembly and testing services in the People's Republic of China, 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.

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