Siliconware Precision Industries Company, Ltd. (NASDAQ:SPIL) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Saturday.

Separately, ValuEngine raised shares of Siliconware Precision Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 24th.

Siliconware Precision Industries (SPIL) traded up 0.89% during mid-day trading on Friday, reaching $7.93. The company’s stock had a trading volume of 110,554 shares. The stock’s 50-day moving average is $8.03 and its 200-day moving average is $8.03. Siliconware Precision Industries has a 12 month low of $7.05 and a 12 month high of $8.39. The firm has a market capitalization of $4.94 billion, a PE ratio of 22.66 and a beta of 0.40.

Siliconware Precision Industries (NASDAQ:SPIL) last issued its quarterly earnings data on Tuesday, July 25th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by $0.70. The firm had revenue of $20.42 billion for the quarter, compared to the consensus estimate of $21.52 billion. Siliconware Precision Industries had a return on equity of 13.18% and a net margin of 10.29%. Siliconware Precision Industries’s quarterly revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.90 earnings per share. On average, equities analysts anticipate that Siliconware Precision Industries will post $0.64 EPS for the current year.

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Several institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in shares of Siliconware Precision Industries during the second quarter worth about $102,000. Ameriprise Financial Inc. raised its position in shares of Siliconware Precision Industries by 21.0% in the first quarter. Ameriprise Financial Inc. now owns 13,847 shares of the semiconductor company’s stock worth $112,000 after buying an additional 2,401 shares during the last quarter. Cypress Wealth Advisors LLC raised its position in shares of Siliconware Precision Industries by 19.0% in the first quarter. Cypress Wealth Advisors LLC now owns 15,091 shares of the semiconductor company’s stock worth $122,000 after buying an additional 2,409 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Siliconware Precision Industries by 16.1% in the first quarter. Parallel Advisors LLC now owns 15,217 shares of the semiconductor company’s stock worth $123,000 after buying an additional 2,111 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of Siliconware Precision Industries by 20.7% in the first quarter. Signaturefd LLC now owns 15,281 shares of the semiconductor company’s stock worth $124,000 after buying an additional 2,616 shares during the last quarter. Institutional investors own 2.89% of the company’s stock.

Siliconware Precision Industries Company Profile

Siliconware Precision Industries Co, Ltd. is a Taiwan-based company mainly engaged in the provision of packaging and testing services of integrated circuits (ICs) and related products. The Company’s businesses include the manufacture, processing, assembly, testing and importing and exporting of ICs, transistors, light emitting diode (LED) digital displays, LED lights, liquid crystal display (LCD) clock cores, phototransistors, synthesis circuits, as well as thin film circuits and thick film circuits.

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