Sumco (OTCMKTS:SUOPY) Shares Cross Below Fifty Day Moving Average - Here's What Happened

Shares of Sumco Co. (OTCMKTS:SUOPY - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $21.15 and traded as low as $18.95. Sumco shares last traded at $19.20, with a volume of 982 shares trading hands.

Sumco Stock Up 1.7 %

The firm has a market cap of $3.36 billion, a PE ratio of 18.64 and a beta of 1.09. The business has a fifty day moving average price of $21.04 and a two-hundred day moving average price of $26.69. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.44 and a quick ratio of 1.31.

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

Sumco Company Profile

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.