Stock Mover of The Day: ChipMOS Technologies (Bermuda) Ltd Declines A lot Today, Is Now One of The Worst Performer

Stock Mover of The Day: ChipMOS Technologies (Bermuda) Ltd Declines A lot Today, Is Now One of The Worst Performer

The stock of ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) is a huge mover today! The stock decreased 2.62% or $0.4 on November 8, hitting $14.87. About 99,997 shares traded hands. ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 5 months negative chart setup for the $413.49M company. It was reported on Nov, 8 by We have $13.23 PT which if reached, will make NASDAQ:IMOS worth $45.48M less.

Analysts await ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) to report earnings on November, 10. They expect $0.27 earnings per share, up 107.69% or $0.14 from last year’s $0.13 per share. IMOS’s profit will be $7.51 million for 13.77 P/E if the $0.27 EPS becomes a reality. After $0.14 actual earnings per share reported by ChipMOS Technologies (Bermuda) Ltd for the previous quarter, Wall Street now forecasts 92.86% EPS growth.

ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) Ratings Coverage

Out of 4 analysts covering ChipMOS Technologies (NASDAQ:IMOS), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. ChipMOS Technologies has been the topic of 7 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Cowen & Co maintained ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) rating on Tuesday, September 29. Cowen & Co has “Outperform” rating and $23 price target. The firm earned “Outperform” rating on Thursday, August 11 by Cowen & Co. On Friday, October 16 the stock rating was downgraded by TheStreet to “Hold”. The stock of ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) has “Outperform” rating given on Thursday, October 8 by Cowen & Co. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, November 17.

According to Zacks Investment Research, “ChipMOS Technologies is an independent provider of total semiconductor testing and packaging solutions to fabless companies, integrated device manufacturers and foundries. They provide a broad range of back-end testing services for high density memory, mixed-signal and liquid crystal display driver semiconductors.”

More important recent ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) news were published by: which released: “ChipMOS Technologies Inc. ADR” on December 21, 2009, also published article titled: “ChipMOS Technologies (Bermuda) Ltd.: UPDATE: ChipMOS MERGER EXPECTED TO CLOSE …”, published: “Why You Must Vote For The ChipMOS Merger” on August 08, 2016. More interesting news about ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) was released by: and their article: “ChipMOS Technologies’ (IMOS) CEO S.J. Cheng on Q2 2016 Results – Earnings Call …” with publication date: August 11, 2016.

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