SUMCO (OTCMKTS:SUOPY) Sees Strong Trading Volume - Should You Buy?

Key Points

• SUMCO (OTCMKTS:SUOPY) experienced an unusually strong trading volume of approximately 20,116 shares on Monday, representing a 532% increase from the previous session.
• The stock is currently trading at $17.25, with a market cap of $3.02 billion and a PE ratio of 44.23.
• SUMCO specializes in manufacturing silicon wafers for the semiconductor industry and has operations in multiple countries, including the US, Japan, and China.

SUMCO (OTCMKTS:SUOPY - ) saw unusually-strong trading volume on Monday . Approximately 20,116 shares changed hands during mid-day trading, an increase of 532% from the previous session's volume of 3,183 shares.The stock last traded at $17.25 and had previously closed at $17.22.

SUMCO Stock Performance

The company has a quick ratio of 1.28, a current ratio of 2.97 and a debt-to-equity ratio of 0.50. The company has a market cap of $3.02 billion, a PE ratio of 44.23 and a beta of 1.09. The business's fifty day moving average is $16.26 and its 200-day moving average is $14.78.

About SUMCO

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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