Shares of SUMCO (OTCMKTS:SUOPY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 16,183 shares traded hands during mid-day trading, an increase of 345% from the previous session's volume of 3,636 shares.The stock last traded at $22.39 and had previously closed at $21.70.
Analyst Upgrades and Downgrades
Separately, Nomura Securities upgraded shares of SUMCO to a "strong-buy" rating in a report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, SUMCO currently has a consensus rating of "Strong Buy".
Check Out Our Latest Stock Analysis on SUOPY
SUMCO Trading Up 3.4%
The company has a debt-to-equity ratio of 0.50, a current ratio of 2.97 and a quick ratio of 1.28. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 57.54 and a beta of 1.18. The company's fifty day moving average price is $19.39 and its 200-day moving average price is $16.10.
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.
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