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Tuesday, May 24, 2011

Excellent Stock Value (NASDAQ: AMKR)

Shares of AMKR traded higher by 1.27% or $0.08/share to $6.37. Amkor Technology, Inc. is trading at a price to book ratio of 1.64. The PEG is 0.87 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.42. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1675960 shares of AMKR exchange hands on a given day and today's volume is recorded at 395755. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Amkor Technology, Inc. (Amkor) is a provider of outsourced semiconductor packaging (assembly) and test services.