Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, April 27, 2012

Potentially Oversold Level Reached (NASDAQ: AMKR)

Shares of AMKR fell by 2.03% or $-0.12/share to $5.79. NASDAQ is trading at a price to book ratio of 1.44. 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 0.36. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1358660 shares of AMKR exchange hands on a given day and today's volume is recorded at 377162. These factors combined may make this company a potential takeover candidate. 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.