Shares of Sumco Co. (OTCMKTS:SUMCF – Get Free Report) traded up 5.7% during trading on Wednesday . The stock traded as high as $11.61 and last traded at $11.1096. 3,396 shares changed hands during trading, a decline of 46% from the average session volume of 6,237 shares. The stock had previously closed at $10.5060.
Sumco Trading Down 3.8%
The company has a 50 day simple moving average of $10.66 and a 200-day simple moving average of $9.99.
About Sumco
Sumco Corporation is a Tokyo-based manufacturer specializing in high-purity silicon wafers, a critical substrate for semiconductor device fabrication. Established in 1999 through the merger of the silicon wafer operations of Sumitomo Metal Industries and Mitsubishi Materials, the company has grown to become one of the world’s leading suppliers of mono- and polycrystalline silicon wafers. These wafers serve as fundamental components for integrated circuits in applications ranging from consumer electronics and automotive systems to industrial machinery and telecommunications equipment.
The company’s product portfolio includes standard and advanced wafer technologies, such as silicon-on-insulator (SOI) wafers, epitaxial (epi) wafers, and specialty substrates designed for next-generation device architectures.
Recommended Stories
Receive News & Ratings for Sumco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumco and related companies with MarketBeat.com's FREE daily email newsletter.
