Headlines about United Microelectronics (NYSE:UMC) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. United Microelectronics earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 45.5425242642618 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern’s analysis:

United Microelectronics (NYSE:UMC) traded down $0.07 during midday trading on Wednesday, reaching $2.49. 1,205,817 shares of the company’s stock traded hands, compared to its average volume of 1,772,125. The stock has a market capitalization of $6,405.54, a P/E ratio of 18.71 and a beta of 0.54. United Microelectronics has a 1-year low of $1.74 and a 1-year high of $2.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.31 and a current ratio of 1.51.

Separately, BidaskClub upgraded shares of United Microelectronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Eight research analysts have rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $2.10.

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United Microelectronics Company Profile

United Microelectronics Corporation is a global semiconductor foundry. The Company provides integrated circuit (IC) production for applications spanning every sector of the electronics industry. The Company operates through two segments: wafer fabrication and new business. The primary operating activity of the Company’s wafer fabrication segment is the manufacture of chips to the design specifications of its customers by using its own processes and techniques.

Insider Buying and Selling by Quarter for United Microelectronics (NYSE:UMC)

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