Amkor Technology Opens with 6.33% Gain, Outperforming S&P 500's Decline

Amkor Technology, Inc., a small-cap player in the Other Electrical Equipment industry, opened today with a notable gain of 6.33%. This surge comes amid a broader market decline, as the S&P 500 experienced a drop of 2.71%. Over the past month, Amkor has shown impressive performance, rising 19.64%, significantly outpacing the S&P 500's modest increase of 0.31%.
Despite today's positive movement, the company has faced challenges in its recent financial performance. The operating cash flow for the year was reported at USD 984.41 million, marking a low point, while the return on capital employed (ROCE) stood at 7.37%. Additionally, the net profit for the last quarter fell to USD 54.42 million, reflecting a decline of 31.17%.

From a technical perspective, indicators such as the MACD and Bollinger Bands suggest a bullish trend in the short term, although the KST shows a bearish outlook on a monthly basis. With a market capitalization of USD 7,282 million, Amkor's P/E ratio is 18.00, and it offers a dividend yield of 2.48%. Overall, while the stock has shown resilience today, it has underperformed the market over the past year, with a decline of 6.49% compared to the S&P 500's 13.36% return.