Do Traders Think Amkor Technology, Inc. (AMKR) Can Keep Climbing Thursday?

Amkor Technology, Inc. (AMKR) stock has gained 12.82% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Amkor Technology, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AMKR!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With AMKR Stock Today?

Amkor Technology, Inc. (AMKR) stock is up 0.72% while the S&P 500 has fallen -0.22% as of 11:54 AM on Thursday, Nov 16. AMKR has gained $0.18 from the previous closing price of $25.68 on volume of 196,301 shares. Over the past year the S&P 500 has gained 12.56% while AMKR has fallen -9.13%. AMKR earned $1.65 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.71.

More About Amkor Technology, Inc.

Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world. Click Here to get the full Stock Report for Amkor Technology, Inc. stock.