SUMCO CORP/ADR (SUOPY) Stock Rating Upgraded by Zacks Investment Research

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SUMCO CORP/ADR (OTCMKTS:SUOPY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry. It offers monocrystalline ingots, polished wafers, annealed wafers, epitaxial wafers, junction isolated wafers, silicon-on-insulator wafers, and reclaimed polished wafers. The company operates primarily in Japan, North America, Asia and Europe. Sumco Corporation is headquartered in Tokyo, Japan. “

Separately, ValuEngine cut SUMCO CORP/ADR from a “sell” rating to a “strong sell” rating in a report on Monday, January 7th.

OTCMKTS SUOPY opened at $23.79 on Wednesday. The firm has a market cap of $3.39 billion, a PE ratio of 8.21 and a beta of 2.44. The company has a current ratio of 3.29, a quick ratio of 1.49 and a debt-to-equity ratio of 0.37. SUMCO CORP/ADR has a 1-year low of $20.90 and a 1-year high of $55.25.

About SUMCO CORP/ADR

Sumco Corporation, together with its subsidiaries, manufactures and sells silicon wafers for the semiconductor industry in Japan, North America, Asia, and Europe. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.

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