Short Interest in Sumco Co. (OTCMKTS:SUOPY) Rises By 53.8%

Sumco Co. (OTCMKTS:SUOPY - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 2,000 shares, a growth of 53.8% from the March 31st total of 1,300 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is currently 0.4 days.

Sumco Price Performance

OTCMKTS SUOPY traded up $0.41 during trading hours on Friday, reaching $29.72. 532 shares of the stock traded hands, compared to its average volume of 2,353. The company has a market cap of $5.20 billion, a price-to-earnings ratio of 11.05 and a beta of 1.19. The stock has a 50 day simple moving average of $32.04 and a two-hundred day simple moving average of $30.10. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.32 and a quick ratio of 1.25. Sumco has a 1 year low of $24.64 and a 1 year high of $34.84.

Sumco (OTCMKTS:SUOPY - Get Free Report) last posted its earnings results on Wednesday, February 14th. The company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $711.67 million for the quarter. Sumco had a return on equity of 7.02% and a net margin of 15.44%. On average, analysts predict that Sumco will post 1.38 EPS for the current fiscal year.

Sumco Company Profile

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.