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SUMCO (OTCMKTS:SUOPY) Shares Gap Up - Should You Buy?

SUMCO logo with Computer and Technology background

SUMCO (OTCMKTS:SUOPY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $13.70, but opened at $15.41. SUMCO shares last traded at $15.41, with a volume of 320 shares traded.

SUMCO Price Performance

The firm has a market cap of $2.70 billion, a P/E ratio of 23.00 and a beta of 0.94. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.87 and a quick ratio of 1.30. The stock's 50-day simple moving average is $13.62 and its two-hundred day simple moving average is $14.36.

SUMCO (OTCMKTS:SUOPY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.11 EPS for the quarter. SUMCO had a net margin of 4.39% and a return on equity of 3.62%. The firm had revenue of $672.11 million during the quarter.

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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