Free Trial

Sumco (OTCMKTS:SUOPY) Hits New 52-Week Low - Here's Why

Sumco logo with Computer and Technology background

Shares of Sumco Co. (OTCMKTS:SUOPY - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as $19.74 and last traded at $19.74, with a volume of 7677 shares changing hands. The stock had previously closed at $21.05.

Sumco Stock Down 6.2 %

The firm's 50 day moving average is $21.82 and its two-hundred day moving average is $27.52. The company has a current ratio of 2.44, a quick ratio of 1.31 and a debt-to-equity ratio of 0.44. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 19.17 and a beta of 1.08.

Sumco (OTCMKTS:SUOPY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.28 EPS for the quarter, hitting analysts' consensus estimates of $0.28. The company had revenue of $672.00 million for the quarter, compared to analysts' expectations of $694.51 million. Sumco had a return on equity of 4.15% and a net margin of 6.66%. On average, sell-side analysts predict that Sumco Co. will post 1.07 EPS for the current year.

About Sumco

(Get Free Report)

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.

Further Reading

→ Has Trump Finally Gone Too Far? (From Insiders Exposed) (Ad)

Should you invest $1,000 in Sumco right now?

Before you consider Sumco, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sumco wasn't on the list.

While Sumco currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!
How to Profit from NVIDIA’s Earnings: Short-Term Trading Guide

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines