Shares of SUMCO (OTCMKTS:SUOPY – Get Free Report) shot up 9.4% during mid-day trading on Monday . The company traded as high as $43.78 and last traded at $43.78. Approximately 3,127 shares changed hands during trading, a decline of 55% from the average daily volume of 6,999 shares. The stock had previously closed at $40.01.
SUMCO Stock Performance
The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 3.36. The stock has a market cap of $7.60 billion, a PE ratio of -49.95 and a beta of 1.50. The firm has a fifty day moving average price of $50.10 and a 200 day moving average price of $33.96.
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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