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Sumco (OTCMKTS:SUOPY) Stock Price Crosses Below 50-Day Moving Average of $23.99

Sumco logo with Computer and Technology background

Shares of Sumco Co. (OTCMKTS:SUOPY - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $23.99 and traded as low as $21.55. Sumco shares last traded at $21.98, with a volume of 1,549 shares.

Sumco Price Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.31 and a current ratio of 2.44. The company has a market capitalization of $3.85 billion, a P/E ratio of 17.58 and a beta of 1.08. The firm's fifty day moving average is $23.99 and its 200 day moving average is $28.67.

Sumco (OTCMKTS:SUOPY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.28 EPS for the quarter, hitting analysts' consensus estimates of $0.28. The firm had revenue of $672.00 million for the quarter, compared to analysts' expectations of $694.51 million. Sumco had a net margin of 6.66% and a return on equity of 4.15%. As a group, analysts predict that Sumco Co. will post 1.01 earnings per share for the current fiscal year.

Sumco Company Profile

(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.

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