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Friday, May 3, 2013

Stocks with Strong Financial Metrics (NASDAQ: AMKR)

Shares of AMKR traded higher by 3.53% or $0.15/share to $4.40. NASDAQ is trading at a price to book ratio of 0.97. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.69 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.23. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 864047 shares of AMKR exchange hands on a given day and today's volume is recorded at 881953. 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.