Siliconware Precision Industries (SPIL) Downgraded by ValuEngine

ValuEngine cut shares of Siliconware Precision Industries (NASDAQ:SPIL) from a buy rating to a hold rating in a research note issued to investors on Friday.

Separately, BidaskClub cut shares of Siliconware Precision Industries from a sell rating to a strong sell rating in a research note on Saturday, December 9th.

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Siliconware Precision Industries stock traded up $0.02 during trading hours on Friday, hitting $8.70. 83,260 shares of the company traded hands, compared to its average volume of 61,449. The stock has a market cap of $5,409.38, a price-to-earnings ratio of 28.93 and a beta of 0.33. The company has a current ratio of 1.87, a quick ratio of 1.64 and a debt-to-equity ratio of 0.37. Siliconware Precision Industries has a 1-year low of $7.70 and a 1-year high of $8.75.

Siliconware Precision Industries (NASDAQ:SPIL) last released its earnings results on Friday, January 26th. The semiconductor company reported $0.08 EPS for the quarter. The firm had revenue of $718.17 million for the quarter. Siliconware Precision Industries had a net margin of 8.28% and a return on equity of 10.27%.

Institutional investors and hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC acquired a new position in shares of Siliconware Precision Industries in the 3rd quarter worth approximately $304,000. Athos Capital Ltd acquired a new position in shares of Siliconware Precision Industries in the 3rd quarter worth approximately $315,000. Naples Global Advisors LLC grew its stake in shares of Siliconware Precision Industries by 8.7% in the 4th quarter. Naples Global Advisors LLC now owns 98,248 shares of the semiconductor company’s stock worth $826,000 after purchasing an additional 7,833 shares during the last quarter. Eqis Capital Management Inc. grew its stake in shares of Siliconware Precision Industries by 9.4% in the 4th quarter. Eqis Capital Management Inc. now owns 148,568 shares of the semiconductor company’s stock worth $1,249,000 after purchasing an additional 12,780 shares during the last quarter. Finally, LPL Financial LLC acquired a new position in shares of Siliconware Precision Industries in the 4th quarter worth approximately $1,638,000. 2.74% of the stock is currently owned by institutional investors.

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Siliconware Precision Industries Company Profile

Siliconware Precision Industries Co, Ltd. provides semiconductor packaging and testing services in the United States, China, Taiwan, Europe, and internationally. It provides packaging and testing solutions, including advanced packages, substrate packages, and lead-frame packages, as well as testing for logic and mixed signal devices to measure and ensure the performance, functionality, and reliability of packaged semiconductor devices.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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