SUMCO (OTCMKTS:SUOPY) Raised to Strong-Buy at Nomura Securities

SUMCO (OTCMKTS:SUOPY) was upgraded by analysts at Nomura Securities to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

SUMCO Stock Performance

Shares of SUOPY stock opened at $20.52 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.28 and a current ratio of 2.97. SUMCO has a 52 week low of $10.29 and a 52 week high of $22.57. The company’s 50 day moving average price is $17.56 and its two-hundred day moving average price is $15.28. The company has a market capitalization of $3.59 billion, a P/E ratio of 52.62 and a beta of 1.09.

About SUMCO

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.