SUMCO (OTCMKTS:SUOPY) Short Interest Update

SUMCO (OTCMKTS:SUOPY) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,151 shares, a decline of 94.6% from the August 15th total of 39,691 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 53,087 shares, the days-to-cover ratio is currently 0.0 days.

SUMCO Stock Performance

SUOPY traded down $1.25 during trading on Thursday, hitting $38.36. 10,105 shares of the company traded hands, compared to its average volume of 9,497. SUMCO has a one year low of $14.55 and a one year high of $69.37. The stock’s fifty day moving average is $47.38 and its 200 day moving average is $38.58. The company has a quick ratio of 1.51, a current ratio of 3.36 and a debt-to-equity ratio of 0.52. The firm has a market cap of $6.71 billion, a P/E ratio of -37.24 and a beta of 1.56.

SUMCO (OTCMKTS:SUOPY) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($0.16) EPS for the quarter. The company had revenue of $712.93 million during the quarter. SUMCO had a negative return on equity of 4.18% and a negative net margin of 6.60%. As a group, equities analysts predict that SUMCO will post -0.62 EPS for the current fiscal year.

SUMCO Company Profile

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.