Back to Main

Amkor Technology (AMKR) Soars: Stock Adds 10.3% in Session - Tale of the Tape

By: Zacks.com
Posted: 4/30/2014 8:30:00 AM
Referenced Stocks: AMKR;FSL;PLXT;RMBS

Amkor Technology, Inc. ( AMKR ) was a big mover last session, as its shares rose over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.86 to $7.48 in the past one-month time frame.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future. 

Amkor Technology currently has a Zacks Rank #1 (Strong Buy) while its  Earnings ESP  is 0.00%.

Other players in the technology sector, which look attractive at current levels, include Freescale Semiconductor, Ltd. ( FSL ), PLX Technology Inc. ( PLXT ) and Rambus Inc. ( RMBS ). All these stocks carry the same Zacks Rank as Amkor Technology.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 DaysClick to get this free report >>



AMKOR TECH INC (AMKR): Get Free Report

FREESCALE SEMI (FSL): Free Stock Analysis Report

PLX TECH INC (PLXT): Get Free Report

RAMBUS INC (RMBS): Free Stock Analysis Report

To read this article on Zacks.com click here.