Trade-Ideas LLC identified Siliconware Precision Industries ( SPIL) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Siliconware Precision Industries as such a stock due to the following factors:

  • SPIL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $13.0 million.
  • SPIL has traded 470,270 shares today.
  • SPIL is up 3.5% today.
  • SPIL was down 5.1% yesterday.

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More details on SPIL:

Siliconware Precision Industries Co., Ltd. provides semiconductor packaging and testing services to semiconductor suppliers worldwide. The stock currently has a dividend yield of 5.5%. SPIL has a PE ratio of 2. Currently there are 2 analysts that rate Siliconware Precision Industries a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Siliconware Precision Industries has been 1.2 million shares per day over the past 30 days. Siliconware Precision has a market cap of $3.9 billion and is part of the technology sector and electronics industry. Shares are down 20.7% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Siliconware Precision Industries as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry average. The net income increased by 5.0% when compared to the same quarter one year prior, going from $114.31 million to $120.07 million.
  • The current debt-to-equity ratio, 0.40, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.21, which illustrates the ability to avoid short-term cash problems.
  • 42.45% is the gross profit margin for SILICONWARE PRECISION INDS which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 17.26% trails the industry average.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market on the basis of return on equity, SILICONWARE PRECISION INDS has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.

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