SUMCO (OTCMKTS:SUOPY – Get Free Report)’s share price traded down 23% during trading on Friday . The stock traded as low as $46.31 and last traded at $46.9484. Approximately 1,628 shares were traded during trading, a decline of 76% from the average daily volume of 6,683 shares. The stock had previously closed at $61.00.
SUMCO Price Performance
The firm has a fifty day moving average of $49.52 and a 200 day moving average of $32.02. The company has a current ratio of 3.36, a quick ratio of 1.51 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $8.54 billion, a P/E ratio of -56.15 and a beta of 1.50.
About SUMCO
SUMCO Corporation (OTCMKTS: SUOPY) is a premier global supplier of silicon wafers, a foundational material used in the fabrication of semiconductor devices. The company specializes in producing single-crystal silicon wafers in diameters ranging from 150 mm to 300 mm, serving high-performance applications in memory, logic, power devices and discrete components. In addition to its core wafer business, SUMCO offers epitaxial wafers and specialty silicon products designed to meet the exacting requirements of next-generation semiconductor nodes and power electronics.
Founded in 1975 as a spin-off from Mitsubishi Silicon, SUMCO has grown through strategic investments in research and development to advance wafer quality, diameter scaling and defect reduction.
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