SUMCO (OTCMKTS:SUOPY) Shares Gap Up – Still a Buy?

SUMCO (OTCMKTS:SUOPY – Get Free Report)’s share price gapped up prior to trading on Monday. The stock had previously closed at $21.8620, but opened at $23.43. SUMCO shares last traded at $23.23, with a volume of 7,596 shares traded.

Analyst Ratings Changes

Separately, UBS Group raised shares of SUMCO to a “buy” rating in a research note on Tuesday, September 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on SUMCO

SUMCO Trading Up 1.8%

The company has a current ratio of 3.37, a quick ratio of 1.53 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of -22.82 and a beta of 1.63. The company has a fifty day moving average of $37.25 and a 200-day moving average of $36.17.

SUMCO (OTCMKTS:SUOPY – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.16) EPS for the quarter. SUMCO had a negative return on equity of 4.24% and a negative net margin of 6.60%. The firm had revenue of $712.93 million for the quarter. As a group, equities research analysts anticipate that SUMCO will post -0.62 earnings per share for the current fiscal year.

SUMCO Company Profile

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