Siliconware Precision Industries (NASDAQ:SPIL) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Friday, March 16th.
Shares of NASDAQ:SPIL traded up $0.02 during midday trading on Friday, reaching $8.70. The company had a trading volume of 83,260 shares, compared to its average volume of 61,449. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.64 and a current ratio of 1.87. The company has a market capitalization of $5,421.84, a P/E ratio of 29.00 and a beta of 0.33. Siliconware Precision Industries has a 52-week low of $7.70 and a 52-week high of $8.75.
Siliconware Precision Industries (NASDAQ:SPIL) last released its quarterly earnings data on Friday, January 26th. The semiconductor company reported $0.08 EPS for the quarter. The business 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%.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. boosted its stake in shares of Siliconware Precision Industries by 10.0% during the second quarter. Ameriprise Financial Inc. now owns 15,232 shares of the semiconductor company’s stock valued at $121,000 after purchasing an additional 1,385 shares during the period. FDx Advisors Inc. boosted its stake in shares of Siliconware Precision Industries by 57.5% during the third quarter. FDx Advisors Inc. now owns 30,272 shares of the semiconductor company’s stock valued at $239,000 after purchasing an additional 11,055 shares during the period. Citadel Advisors LLC purchased a new stake in Siliconware Precision Industries in the third quarter worth $304,000. Athos Capital Ltd purchased a new stake in Siliconware Precision Industries in the third quarter worth $315,000. Finally, Royal Bank of Canada lifted its stake in Siliconware Precision Industries by 260.8% in the second quarter. Royal Bank of Canada now owns 41,929 shares of the semiconductor company’s stock worth $334,000 after acquiring an additional 30,307 shares during the period. Institutional investors and hedge funds own 2.74% of the company’s stock.
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About Siliconware Precision Industries
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.
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