BidaskClub Downgrades Chipmos Technologies (IMOS) to Strong Sell
Chipmos Technologies (NASDAQ:IMOS) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Thursday.
A number of other brokerages have also recently weighed in on IMOS. ValuEngine upgraded Chipmos Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 4th. Zacks Investment Research upgraded Chipmos Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th.
Chipmos Technologies (IMOS) traded up $0.18 during mid-day trading on Thursday, reaching $17.66. The company had a trading volume of 53,800 shares, compared to its average volume of 54,541. The stock has a market capitalization of $797.44 and a PE ratio of 13.28. Chipmos Technologies has a 12-month low of $15.24 and a 12-month high of $21.99. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.08 and a current ratio of 2.38.
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About Chipmos Technologies
ChipMOS TECHNOLOGIES INC is a Taiwan-based company principally engaged in the integrated circuits packaging and testing business. The Company mainly provides thin small outline packaging (TSOP), fine-pitch ball grid array (FBGA) packaging, tape carrier packaging (TCP) and chip on film (COF) packaging services, as well as gold bumping services, among others.
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