SUMCO (OTCMKTS:SUOPY) Shares Gap Down - Time to Sell?

Key Points

• SUMCO's stock price gapped down from $21.73 to $20.40 prior to trading on Friday, with a current trading volume of 188 shares.
• The company has a market capitalization of $3.41 billion and a PE ratio of 49.87, indicating potential overvaluation compared to earnings.
• SUMCO specializes in manufacturing silicon wafers for the semiconductor industry across multiple international markets, including Japan, the U.S., and China.

SUMCO (OTCMKTS:SUOPY - )'s stock price gapped down prior to trading on Friday . The stock had previously closed at $21.73, but opened at $20.40. SUMCO shares last traded at $20.40, with a volume of 188 shares trading hands.

SUMCO Price 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 $3.41 billion, a PE ratio of 49.87 and a beta of 1.09. The stock has a 50-day simple moving average of $17.33 and a 200 day simple moving average of $15.19.

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.

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