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SUMCO (OTCMKTS:SUOPY) Shares Gap Up - What's Next?

SUMCO logo with Computer and Technology background

Key Points

  • SUMCO shares gapped up from $19.28 to $20.50 before the market opened, indicating potential investor interest.
  • The stock is currently up 11.3% and has a market capitalization of $3.76 billion with a P/E ratio of 55.00.
  • SUMCO manufactures and sells silicon wafers for the semiconductor industry, servicing several major markets including Japan and the U.S.
  • Five stocks to consider instead of SUMCO.

Shares of SUMCO (OTCMKTS:SUOPY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $19.28, but opened at $20.50. SUMCO shares last traded at $20.50, with a volume of 1,876 shares traded.

SUMCO Trading Down 4.7%

The firm has a market capitalization of $3.54 billion, a PE ratio of 51.91 and a beta of 1.09. The business has a 50 day moving average price of $16.87 and a 200-day moving average price of $15.01. The company has a current ratio of 2.97, a quick ratio of 1.28 and a debt-to-equity ratio of 0.50.

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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Should You Invest $1,000 in SUMCO Right Now?

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