Can Chipmos Technologies Ltd. (NASDAQ:IMOS) Make a Bullish Move?

Chipmos Technologies Ltd. (NASDAQ:IMOS) currently has an Average Broker Rating of 1. This number is based on the 1 sell-side firms polled by Zacks. The ABR rank within the industry stands at 4. Analysts on a consensus basis are expecting that the stock will reach $21 within the year.

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Research analysts are predicting that Chipmos Technologies Ltd. (NASDAQ:IMOS) will report earnings of $0.22 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Most recently Chipmos Technologies Ltd. (NASDAQ:IMOS) posted quarterly earnings of $0.18 which compared to the sell-side estimates of 0.22. The stock’s 12-month trailing earnings per share stands at $1.26. Shares have moved $-9.17 over the past month and more recently, $-0.11 over the past week heading into the earnings announcement. There are 1 analyst projections that were taken into consideration from respected brokerage firms.

Chipmos Technologies Ltd. (NASDAQ:IMOS) closed the last session at $18.43 and sees an average of 106797.1 shares trade hands in each session. The 52-week low of the stock stands at $14.03 while the current level stands at 56.12% of the 52-week High-Low range. Looking further out we can see that the stock has moved -1.02% over the past 12 weeks and 30.62% year to date.

1 analysts rate Chipmos Technologies Ltd. a Buy or Strong Buy, which is 100% of all the analyst ratings.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.

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