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

SUMCO logo with Computer and Technology background

Key Points

  • SUMCO shares gapped up from a previous close of $17.50 to open at $18.25, reflecting increased investor interest.
  • The company has a market capitalization of $3.20 billion and operates in the semiconductor industry, manufacturing silicon wafers.
  • SUMCO's financials include a debt-to-equity ratio of 0.50 and a P/E ratio of 46.80, indicating a moderate level of debt and potential overvaluation compared to earnings.
  • Interested in SUMCO? Here are five stocks we like better.

SUMCO (OTCMKTS:SUOPY - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $17.50, but opened at $18.25. SUMCO shares last traded at $18.25, with a volume of 6,310 shares trading hands.

SUMCO Price Performance

The stock has a 50-day simple moving average of $16.42 and a 200 day simple moving average of $14.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.28 and a current ratio of 2.97. The stock has a market capitalization of $3.20 billion, a P/E ratio of 46.80 and a beta of 1.09.

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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