ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Issues Earnings Results

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) posted its earnings results on Tuesday. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, reports. The company had revenue of $191.70 million for the quarter. ChipMOS TECHNOLOGIES had a return on equity of 7.72% and a net margin of 8.67%.

ChipMOS TECHNOLOGIES Trading Down 3.6 %

NASDAQ:IMOS traded down $0.78 during mid-day trading on Friday, reaching $20.83. 11,986 shares of the stock were exchanged, compared to its average volume of 18,550. The business has a fifty day moving average price of $22.65 and a 200 day moving average price of $24.82. The firm has a market capitalization of $757.42 million, a PE ratio of 14.69 and a beta of 0.91. ChipMOS TECHNOLOGIES has a 1-year low of $20.38 and a 1-year high of $32.19.

Analyst Ratings Changes

Separately, StockNews.com lowered ChipMOS TECHNOLOGIES from a “buy” rating to a “hold” rating in a report on Thursday.

Hedge Funds Weigh In On ChipMOS TECHNOLOGIES

A number of institutional investors have recently bought and sold shares of IMOS. BNP Paribas Financial Markets acquired a new stake in ChipMOS TECHNOLOGIES during the 1st quarter worth about $42,000. HBK Sorce Advisory LLC acquired a new stake in ChipMOS TECHNOLOGIES during the 1st quarter worth about $201,000. Blue Trust Inc. boosted its position in ChipMOS TECHNOLOGIES by 49,831.3% during the 2nd quarter. Blue Trust Inc. now owns 7,989 shares of the semiconductor company’s stock worth $209,000 after acquiring an additional 7,973 shares during the period. Ballentine Partners LLC boosted its position in ChipMOS TECHNOLOGIES by 20.2% during the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock worth $364,000 after acquiring an additional 2,611 shares during the period. Finally, Caprock Group LLC acquired a new stake in ChipMOS TECHNOLOGIES during the 2nd quarter worth about $441,000. Hedge funds and other institutional investors own 7.39% of the company’s stock.

About ChipMOS TECHNOLOGIES

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, 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.