Sumco Co. (OTCMKTS:SUOPY) Short Interest Update

Sumco Co. (OTCMKTS:SUOPY) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,000 shares, a growth of 53.8% from the March 31st total of 1,300 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is currently 0.4 days.

Sumco Stock Performance

Sumco stock traded up $0.41 during midday trading on Friday, reaching $29.72. 532 shares of the stock traded hands, compared to its average volume of 2,353. The company has a current ratio of 2.32, a quick ratio of 1.25 and a debt-to-equity ratio of 0.30. The firm has a fifty day moving average price of $32.04 and a two-hundred day moving average price of $30.10. The firm has a market cap of $5.20 billion, a price-to-earnings ratio of 11.05 and a beta of 1.19. Sumco has a fifty-two week low of $24.64 and a fifty-two week high of $34.84.

Sumco (OTCMKTS:SUOPY) last released its quarterly earnings results on Wednesday, February 14th. The company reported $0.19 EPS for the quarter. Sumco had a net margin of 15.44% and a return on equity of 7.02%. The company had revenue of $711.67 million for the quarter. On average, equities research analysts forecast that Sumco will post 1.38 earnings per share for the current year.

Sumco Company Profile

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.