SUMCO (OTCMKTS:SUOPY) Trading Up 9.4% – Time to Buy?

SUMCO (OTCMKTS:SUOPYGet Free Report) shares rose 9.4% during trading on Monday . The stock traded as high as $43.78 and last traded at $43.78. Approximately 3,127 shares traded hands during trading, a decline of 55% from the average daily volume of 6,999 shares. The stock had previously closed at $40.01.

SUMCO Stock Performance

The company has a market cap of $8.16 billion, a PE ratio of -53.65 and a beta of 1.52. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 3.36. The firm’s 50 day moving average is $50.26 and its 200-day moving average is $34.33.

SUMCO Company Profile

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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.

Further Reading

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