SUMCO (OTCMKTS:SUOPY) Stock Price Down 6.2% - Should You Sell?

Key Points

• SUMCO's stock was down 6.2% mid-day to $21.75 with only about 100 shares traded—roughly a 97% drop versus its average daily volume—indicating very thin trading.
• The company reported a quarterly loss of ($0.40) EPS, carries a negative net margin (-2.82%) and a negative PE (-50.41), despite a market capitalization near $3.97 billion.
• SUMCO is a leading global silicon wafer supplier for advanced memory, logic and power devices, and shows solid liquidity (current ratio 3.21) with moderate leverage (debt-to-equity 0.48).

SUMCO (OTCMKTS:SUOPY - Get Free Report)'s stock price was down 6.2% during mid-day trading on Wednesday . The company traded as low as $21.75 and last traded at $21.75. Approximately 100 shares were traded during trading, a decline of 97% from the average daily volume of 3,669 shares. The stock had previously closed at $23.1875.

SUMCO Stock Performance

The firm's fifty day moving average is $21.16 and its 200-day moving average is $19.85. The company has a current ratio of 3.21, a quick ratio of 1.33 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $3.97 billion, a PE ratio of -50.41 and a beta of 1.06.

SUMCO (OTCMKTS:SUOPY - Get Free Report) last announced its earnings results on Tuesday, February 10th. The company reported ($0.40) earnings per share for the quarter. SUMCO had a negative return on equity of 1.76% and a negative net margin of 2.82%.The company had revenue of $683.19 million for the quarter.

SUMCO Company Profile

SUMCO Corporation OTCMKTS: SUOPY is a premier global supplier of silicon wafers, a foundational material used in the fabrication of semiconductor devices. The company specializes in producing single-crystal silicon wafers in diameters ranging from 150 mm to 300 mm, serving high-performance applications in memory, logic, power devices and discrete components. In addition to its core wafer business, SUMCO offers epitaxial wafers and specialty silicon products designed to meet the exacting requirements of next-generation semiconductor nodes and power electronics.

Founded in 1975 as a spin-off from Mitsubishi Silicon, SUMCO has grown through strategic investments in research and development to advance wafer quality, diameter scaling and defect reduction.

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