SUMCO (OTCMKTS:SUOPY) Short Interest Update

SUMCO (OTCMKTS:SUOPY) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 8,365 shares, a decrease of 84.7% from the July 15th total of 54,506 shares. Based on an average daily volume of 20,489 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

SUMCO Price Performance

OTCMKTS SUOPY opened at $43.95 on Wednesday. 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 firm’s 50 day moving average price is $49.80 and its 200-day moving average price is $35.16. SUMCO has a 52-week low of $14.55 and a 52-week high of $69.37. The company has a market cap of $7.68 billion, a PE ratio of -42.67 and a beta of 1.52.

SUMCO (OTCMKTS:SUOPY) last issued its quarterly earnings data on Thursday, August 6th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $712.93 million for the quarter. SUMCO had a negative net margin of 6.60% and a negative return on equity of 4.18%. Sell-side analysts forecast that SUMCO will post -0.62 EPS for the current fiscal year.

SUMCO Company Profile

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.