Chipmos Technologies Ltd. (NASDAQ:IMOS) Issues Earnings Results
Chipmos Technologies Ltd. (NASDAQ:IMOS) issued its quarterly earnings data on Thursday. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.02, Morningstar.com reports. Chipmos Technologies had a return on equity of 8.46% and a net margin of 17.63%.
Chipmos Technologies (NASDAQ IMOS) traded down 8.50% on Thursday, hitting $17.44. 103,171 shares of the stock were exchanged. The stock has a market cap of $14.94 billion, a price-to-earnings ratio of 132.12 and a beta of 0.54. Chipmos Technologies has a 12 month low of $13.94 and a 12 month high of $21.99. The company has a 50-day moving average of $19.84 and a 200-day moving average of $18.08.
The company also recently disclosed a None dividend, which was paid on Wednesday, July 19th. Shareholders of record on Thursday, June 15th were given a $0.459 dividend. The ex-dividend date was Tuesday, June 13th. Chipmos Technologies’s payout ratio is 65.03%.
Separately, Zacks Investment Research downgraded shares of Chipmos Technologies from a “buy” rating to a “hold” rating in a research report on Friday, June 30th.
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A number of hedge funds and other institutional investors have recently modified their holdings of IMOS. Renaissance Technologies LLC boosted its position in shares of Chipmos Technologies by 32.5% in the first quarter. Renaissance Technologies LLC now owns 2,012,388 shares of the semiconductor company’s stock valued at $35,720,000 after buying an additional 493,569 shares during the period. Morgan Stanley boosted its position in shares of Chipmos Technologies by 944.4% in the first quarter. Morgan Stanley now owns 149,303 shares of the semiconductor company’s stock valued at $2,651,000 after buying an additional 135,007 shares during the period. Dimensional Fund Advisors LP purchased a new position in shares of Chipmos Technologies during the first quarter valued at about $1,571,000. Jane Street Group LLC purchased a new position in shares of Chipmos Technologies during the first quarter valued at about $663,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Chipmos Technologies during the first quarter valued at about $594,000. 23.15% of the stock is owned by institutional investors and hedge funds.
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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