Sumco (OTCMKTS:SUOPY) Stock Crosses Below 50 Day Moving Average of $30.56

Sumco Co. (OTCMKTS:SUOPY)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $30.56 and traded as low as $27.72. Sumco shares last traded at $27.78, with a volume of 8,410 shares traded.

Sumco Trading Down 15.7 %

The company has a quick ratio of 1.44, a current ratio of 2.52 and a debt-to-equity ratio of 0.46. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 22.22 and a beta of 1.13. The business has a 50 day moving average price of $30.53 and a 200-day moving average price of $31.30.

Sumco (OTCMKTS:SUOPY) last posted its earnings results on Thursday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. Sumco had a return on equity of 4.92% and a net margin of 7.70%. The business had revenue of $629.72 million during the quarter, compared to analyst estimates of $598.61 million. As a group, research analysts expect that Sumco Co. will post 1 EPS for the current fiscal 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.