SUMCO (OTCMKTS:SUOPY) Trading 7.3% Higher - Should You Buy?

Key Points

• SUMCO (OTCMKTS:SUOPY) shares rose by 7.3% during trading on Tuesday, reaching a price of $21.73, significantly up from a previous close of $20.25.
• The company has a market cap of $3.80 billion with a price-to-earnings ratio of 55.72 and a current ratio of 2.97, indicating strong liquidity.
• SUMCO manufactures and sells silicon wafers for the semiconductor industry across multiple countries, including Japan, the U.S., and China.

SUMCO (OTCMKTS:SUOPY - ) shares were up 7.3% during trading on Tuesday . The stock traded as high as $21.73 and last traded at $21.73. Approximately 201 shares changed hands during trading, a decline of 94% from the average daily volume of 3,274 shares. The stock had previously closed at $20.25.

SUMCO Stock Performance

The company has a market cap of $3.80 billion, a price-to-earnings ratio of 55.72 and a beta of 1.09. The firm has a 50-day simple moving average of $16.99 and a 200 day simple moving average of $15.05. The company has a quick ratio of 1.28, a current ratio of 2.97 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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