SUMCO (OTCMKTS:SUOPY) Trading 2.2% Higher - Should You Buy?

Key Points

• SUMCO's stock price increased by 2.2%, closing at $18.65 after trading with approximately 1,498 shares exchanged, reflecting a 16% decline from its average daily volume.
• The company has a market capitalization of $3.27 billion and a price-to-earnings ratio of 47.82, indicating significant valuations in the semiconductor market.
• SUMCO specializes in manufacturing silicon wafers for the semiconductor industry, providing various types of products including monocrystalline ingots and silicon-on-insulator wafers.

SUMCO (OTCMKTS:SUOPY - Get Free Report)'s stock price rose 2.2% during trading on Monday . The company traded as high as $18.65 and last traded at $18.65. Approximately 1,498 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 1,774 shares. The stock had previously closed at $18.25.

SUMCO Stock Down 4.7%

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

SUMCO Company Profile

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.