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.
See Also
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
MarketBeat's analysts have just released their top five short plays for October 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.