Sumco (OTCMKTS:SUOPY) Shares Down 2.1%

Sumco Co. (OTCMKTS:SUOPYGet Free Report) traded down 2.1% during mid-day trading on Thursday . The company traded as low as $29.75 and last traded at $29.85. 4,699 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 5,028 shares. The stock had previously closed at $30.50.

Sumco Stock Down 2.1 %

The business has a 50 day simple moving average of $30.83 and a 200 day simple moving average of $31.02. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.52 and a quick ratio of 1.44. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of 23.88 and a beta of 1.12.

Sumco (OTCMKTS:SUOPYGet Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. Sumco had a return on equity of 4.92% and a net margin of 7.70%. The business had revenue of $629.72 million during the quarter, compared to analysts’ expectations of $598.61 million. As a group, equities analysts predict that Sumco Co. will post 1.04 earnings per share for the current fiscal year.

Sumco Company Profile

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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.

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