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

Key Points

• SUMCO shares gapped up significantly before market opening on Tuesday, moving from a previous close of $19.73 to an opening price of $20.52.
• The company has a market capitalization of $3.59 billion and shows strong liquidity ratios with a current ratio of 2.97.
• SUMCO specializes in manufacturing silicon wafers for the semiconductor industry across multiple international markets.

SUMCO (OTCMKTS:SUOPY - ) shares gapped up before the market opened on Tuesday . The stock had previously closed at $19.73, but opened at $20.52. SUMCO shares last traded at $20.52, with a volume of 3,189 shares traded.

SUMCO Price Performance

The firm has a 50-day simple moving average of $17.47 and a two-hundred day simple moving average of $15.24. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 52.62 and a beta of 1.09. 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

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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