ChipMOS TECHNOLOGIES (NASDAQ:IMOS) Reaches New 12-Month Low – Time to Sell?

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) shares reached a new 52-week low on Tuesday . The stock traded as low as $20.06 and last traded at $20.06, with a volume of 1771 shares trading hands. The stock had previously closed at $20.44.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of ChipMOS TECHNOLOGIES from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th.

ChipMOS TECHNOLOGIES Stock Down 4.0 %

The company has a current ratio of 3.07, a quick ratio of 2.72 and a debt-to-equity ratio of 0.49. The business’s fifty day moving average price is $22.41 and its 200 day moving average price is $24.57. The company has a market capitalization of $701.75 million, a P/E ratio of 13.50 and a beta of 0.91.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last announced its quarterly earnings results on Tuesday, November 5th. The semiconductor company reported $0.26 EPS for the quarter. ChipMOS TECHNOLOGIES had a net margin of 7.25% and a return on equity of 6.66%. The firm had revenue of $191.70 million during the quarter.

Institutional Trading of ChipMOS TECHNOLOGIES

Several large investors have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC boosted its holdings in shares of ChipMOS TECHNOLOGIES by 1.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 114,639 shares of the semiconductor company’s stock worth $3,605,000 after acquiring an additional 1,592 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in shares of ChipMOS TECHNOLOGIES by 4.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock valued at $1,431,000 after buying an additional 2,319 shares in the last quarter. Caprock Group LLC acquired a new position in ChipMOS TECHNOLOGIES during the 2nd quarter worth about $441,000. Ballentine Partners LLC increased its position in ChipMOS TECHNOLOGIES by 20.2% in the 3rd quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock valued at $364,000 after acquiring an additional 2,611 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of ChipMOS TECHNOLOGIES by 18.0% during the third quarter. Blue Trust Inc. now owns 9,429 shares of the semiconductor company’s stock worth $221,000 after purchasing an additional 1,440 shares in the last quarter. 7.39% of the stock is owned by institutional investors.

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.