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ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) target price raised to $22.00, reported today by Zacks Investment Research

Displaying a price of $19.99, ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) traded 0.05% higher on the day. With the last stock close up 10.02% relative to the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. ChipMOS Technologies (Bermuda) Ltd has been tracking to a 50-day average of $19.11 and two hundred day moving average of $18.04. Trade volume was was down over the average, with 58,049 shares of IMOS changing hands under the typical 95,225 shares.

ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) had its target price bumped up to $22 by Zacks Investment Research in a report issued 9/12/2016. The new target price indicates a potential upside of 0.10% from the company’s most recent closing price.

Recent Performance Graphic:

ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS)

ChipMOS Technologies (Bermuda) Ltd has a 52 week low of $14.35 and a 52 week high of $20.78 with a price-earnings ratio of 27. The company’s total market value is presently $0.0.

About ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS)

ChipMOS TECHNOLOGIES (Bermuda) LTD. is a holding company. The Company is a provider of semiconductor assembly and test services. The Company provides testing and assembly services for liquid crystal display (LCD) and other flat-panel display driver semiconductors in Taiwan, and for memory and logic/mixed-signal products in Taiwan and Mainland China. The Company’s business segments are testing services for memory and logic/mixed-signal semiconductors; assembly services for memory and logic/mixed-signal semiconductors; LCD and other flat-panel display driver semiconductor testing and assembly services, and bumping services for memory, logic/mixed-signal and LCD and other flat-panel display driver semiconductors. The Company provides testing services for a range of memory semiconductors, such as Static Random Access Memory (SRAM), Dynamic Random Access Memory (DRAM) and Flash memory. Its production facilities are located in Hsinchu and Tainan, Taiwan and Shanghai, and Mainland China.

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