Short Interest in Sumco Co. (OTCMKTS:SUOPY) Decreases By 86.7%

Sumco Co. (OTCMKTS:SUOPY) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 200 shares, a decline of 86.7% from the February 29th total of 1,500 shares. Based on an average trading volume of 8,400 shares, the short-interest ratio is currently 0.0 days.

Sumco Stock Up 1.5 %

OTCMKTS:SUOPY traded up $0.48 during mid-day trading on Wednesday, hitting $32.48. 618 shares of the company’s stock were exchanged, compared to its average volume of 6,375. Sumco has a one year low of $24.64 and a one year high of $34.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.32 and a quick ratio of 1.25. The business has a fifty day moving average price of $31.61 and a 200 day moving average price of $29.22. The company has a market cap of $5.68 billion, a PE ratio of 17.94 and a beta of 1.19.

Sumco (OTCMKTS:SUOPY) last issued its quarterly earnings data on Wednesday, February 14th. The company reported $0.19 earnings per share for the quarter. The company had revenue of $711.67 million for the quarter. Sumco had a net margin of 15.44% and a return on equity of 7.02%. Equities analysts predict that Sumco will post 1.75 EPS for the current 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.