SUMCO (OTCMKTS:SUOPY) Reaches New 1-Year High – Still a Buy?

SUMCO (OTCMKTS:SUOPY)’s share price reached a new 52-week high on Thursday . The stock traded as high as $24.29 and last traded at $24.29, with a volume of 469 shares changing hands. The stock had previously closed at $24.00.

SUMCO Stock Performance

The company has a 50-day simple moving average of $21.38 and a two-hundred day simple moving average of $19.95. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.33 and a current ratio of 3.21. The firm has a market capitalization of $4.25 billion, a P/E ratio of -53.98 and a beta of 1.08.

SUMCO (OTCMKTS:SUOPY) last posted its quarterly earnings data on Tuesday, February 10th. The company reported ($0.40) earnings per share for the quarter. The firm had revenue of $683.19 million for the quarter. SUMCO had a negative net margin of 2.82% and a negative return on equity of 1.76%.

About SUMCO

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.