BidaskClub upgraded shares of ChipMOS Technologies (NASDAQ:IMOS) from a strong sell rating to a sell rating in a report issued on Tuesday, September 18th.

Several other research firms also recently issued reports on IMOS. TheStreet upgraded ChipMOS Technologies from a d+ rating to a c- rating in a report on Tuesday, June 12th. ValuEngine upgraded ChipMOS Technologies from a sell rating to a hold rating in a report on Thursday, July 12th.

ChipMOS Technologies stock traded up $0.59 during midday trading on Tuesday, hitting $15.10. 23,185 shares of the company were exchanged, compared to its average volume of 52,526. The firm has a market capitalization of $656.05 million, a PE ratio of 15.89 and a beta of 0.48. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.06 and a current ratio of 2.48. ChipMOS Technologies has a fifty-two week low of $12.69 and a fifty-two week high of $21.64.

ChipMOS Technologies (NASDAQ:IMOS) last released its quarterly earnings results on Thursday, August 9th. The semiconductor company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.07). ChipMOS Technologies had a return on equity of 2.91% and a net margin of 2.71%. The company had revenue of $147.60 million for the quarter, compared to analyst estimates of $145.24 million. During the same period last year, the firm posted $0.25 earnings per share. The business’s revenue was down 1.1% on a year-over-year basis.

The firm also recently disclosed an annual dividend, which will be paid on Friday, October 19th. Shareholders of record on Friday, October 19th will be issued a dividend of $0.135 per share. The ex-dividend date of this dividend is Thursday, October 18th. This represents a yield of 0.88%.

Hedge funds have recently bought and sold shares of the business. Deutsche Bank AG increased its holdings in ChipMOS Technologies by 3,134.5% during the 4th quarter. Deutsche Bank AG now owns 6,469 shares of the semiconductor company’s stock worth $114,000 after purchasing an additional 6,269 shares during the last quarter. Aperio Group LLC bought a new stake in shares of ChipMOS Technologies in the 2nd quarter valued at approximately $161,000. Wells Fargo & Company MN increased its holdings in shares of ChipMOS Technologies by 34,065.9% in the 1st quarter. Wells Fargo & Company MN now owns 103,181 shares of the semiconductor company’s stock valued at $1,636,000 after acquiring an additional 102,879 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of ChipMOS Technologies by 4.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 119,594 shares of the semiconductor company’s stock valued at $1,896,000 after acquiring an additional 4,723 shares during the last quarter. Finally, Foundry Partners LLC increased its holdings in shares of ChipMOS Technologies by 6.6% in the 1st quarter. Foundry Partners LLC now owns 172,301 shares of the semiconductor company’s stock valued at $2,731,000 after acquiring an additional 10,646 shares during the last quarter. Institutional investors own 7.18% of the company’s stock.

About ChipMOS Technologies

ChipMOS TECHNOLOGIES INC. researches, develops, manufactures, and sells high integration and high precision integrated circuits, and related assembly and testing services. It provides a range of back-end assembly and test services, including engineering test, wafer probing and final test of memory and logic/mixed-signal semiconductors, as well as leadframe-and organic substrate-based package assembly services for memory and logic/mixed-signal semiconductors; and gold bumping, reel to reel assembly, and test services for LCD and other flat-panel display driver semiconductors.

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