Sumco Co. (OTCMKTS:SUOPY - Get Free Report) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 500 shares, a decrease of 75.0% from the April 15th total of 2,000 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 0.1 days.
Sumco Stock Performance
Shares of Sumco stock remained flat at $32.16 on Friday. The stock had a trading volume of 190 shares, compared to its average volume of 4,146. The firm has a market capitalization of $5.62 billion, a PE ratio of 11.96 and a beta of 1.16. Sumco has a 12-month low of $24.64 and a 12-month high of $34.84. The stock's 50-day simple moving average is $32.13 and its 200 day simple moving average is $30.47. 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 (OTCMKTS:SUOPY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $0.19 EPS for the quarter. Sumco had a return on equity of 7.02% and a net margin of 15.44%. The business had revenue of $711.67 million for the quarter. Equities analysts anticipate that Sumco will post 1.38 earnings per share for the current year.
About Sumco
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sumco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sumco wasn't on the list.
While Sumco currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
