SUMCO (OTCMKTS:SUOPY – Get Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 8,365 shares, a decline 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 Stock Performance
Shares of SUMCO stock opened at $43.95 on Wednesday. The company has a market capitalization of $7.68 billion, a PE ratio of -42.67 and a beta of 1.52. The company has a 50-day simple moving average of $49.80 and a two-hundred day simple moving average of $35.16. SUMCO has a one year low of $14.55 and a one year high of $69.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 3.36.
SUMCO (OTCMKTS:SUOPY – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported ($0.16) earnings per share for the quarter. SUMCO had a negative net margin of 6.60% and a negative return on equity of 4.18%. The firm had revenue of $712.93 million during the quarter. Research analysts expect 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.
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