SUMCO (OTCMKTS:SUOPY) Trading Down 6.2% – Time to Sell?

SUMCO (OTCMKTS:SUOPY) shares traded down 6.2% during trading on Wednesday . The stock traded as low as $21.75 and last traded at $21.75. 100 shares traded hands during trading, a decline of 97% from the average session volume of 3,669 shares. The stock had previously closed at $23.1875.

SUMCO Price Performance

The company has a current ratio of 3.21, a quick ratio of 1.33 and a debt-to-equity ratio of 0.48. The stock has a market cap of $3.97 billion, a PE ratio of -50.41 and a beta of 1.06. The company has a fifty day moving average of $21.16 and a 200-day moving average of $19.85.

SUMCO (OTCMKTS:SUOPY) last announced its earnings results on Tuesday, February 10th. The company reported ($0.40) EPS for the quarter. The firm had revenue of $683.19 million for the quarter. SUMCO had a negative net margin of 2.82% and a negative return on equity of 1.76%.

About SUMCO

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.