AMKR - Shares of Amkor Technology Inc. (AMKR) Have Risen Above Previous 52-Week High

Shares of Amkor Technology Inc. (NASDAQ:AMKR) traded at a new 52-week high today of $27.79. This new high was reached on below average trading volume as 212,000 shares traded hands, while the average 30-day volume is approximately 1.3 million shares.

In the past 52 weeks, shares of Amkor Technology Inc. have traded between a low of $10.71 and a high of $27.79 and is now at $27.42, which is 156% above that low price.

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.

Amkor Technology Inc. (NASDAQ:AMKR) is currently priced 26.5% above its average consensus analyst price target of $20.16.

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