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SUMCO (OTCMKTS:SUOPY) Shares Gap Down - Here's Why

SUMCO logo with Computer and Technology background

Key Points

  • SUMCO shares gapped down on Friday, opening at $20.25 compared to the previous close of $21.24, with a trading volume of 157 shares.
  • The company's market capitalization stands at $3.59 billion, with a price-to-earnings ratio of 52.54 and a beta of 1.09.
  • SUMCO Corporation manufactures and sells silicon wafers for the semiconductor industry across multiple countries, including Japan, the US, and China.
  • Five stocks to consider instead of SUMCO.

Shares of SUMCO (OTCMKTS:SUOPY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $21.24, but opened at $20.25. SUMCO shares last traded at $20.25, with a volume of 157 shares trading hands.

SUMCO Stock Up 7.3%

The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 33.19 and a beta of 1.09. The firm has a 50-day moving average of $16.99 and a 200 day moving average of $15.05. The company has a current ratio of 2.97, a quick ratio of 1.28 and a debt-to-equity ratio of 0.50.

SUMCO Company Profile

(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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