SUMCO (OTCMKTS:SUOPY) Trading Up 12.5% - Still a Buy?

Shares of SUMCO (OTCMKTS:SUOPY - Get Free Report) traded up 12.5% during mid-day trading on Monday . The company traded as high as $15.41 and last traded at $15.41. 388 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 953 shares. The stock had previously closed at $13.70.

SUMCO Trading Up 12.5%

The business's 50-day simple moving average is $13.72 and its 200-day simple moving average is $14.33. The company has a market cap of $2.70 billion, a PE ratio of 23.00 and a beta of 0.94. The company has a current ratio of 2.87, a quick ratio of 1.30 and a debt-to-equity ratio of 0.51.

SUMCO (OTCMKTS:SUOPY - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.11 earnings per share for the quarter. The business had revenue of $672.11 million for the quarter. SUMCO had a net margin of 4.39% and a return on equity of 3.62%.

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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