SUMCO (OTCMKTS:SUOPY) Stock Price Up 2.2% - What's Next?

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 - ) 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 traded hands during trading, a decline of 16% from the average daily volume of 1,774 shares. The stock had previously closed at $18.25.

SUMCO Price Performance

The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 47.82 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. The stock has a 50-day simple moving average of $16.54 and a 200 day simple moving average of $14.86.

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.

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