Nomura Securities Upgrades SUMCO (OTCMKTS:SUOPY) to “Strong-Buy”

SUMCO (OTCMKTS:SUOPY) was upgraded by stock analysts at Nomura Securities to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

SUMCO Price Performance

Shares of OTCMKTS:SUOPY opened at $20.52 on Monday. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 52.62 and a beta of 1.09. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.97 and a quick ratio of 1.28. The firm has a 50 day simple moving average of $17.56 and a 200 day simple moving average of $15.28. SUMCO has a one year low of $10.29 and a one year high of $22.57.

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.