Sumco Co. (OTCMKTS:SUMCF – Get Free Report) shares traded down 5.7% during mid-day trading on Wednesday . The stock traded as low as $24.35 and last traded at $25.59. 14,334 shares changed hands during mid-day trading, an increase of 71% from the average daily volume of 8,370 shares. The stock had previously closed at $27.1360.
Sumco Stock Performance
The stock’s fifty day moving average is $19.69 and its 200-day moving average is $13.50.
Sumco Company Profile
Sumco Corporation is a Tokyo-based manufacturer specializing in high-purity silicon wafers, a critical substrate for semiconductor device fabrication. Established in 1999 through the merger of the silicon wafer operations of Sumitomo Metal Industries and Mitsubishi Materials, the company has grown to become one of the world’s leading suppliers of mono- and polycrystalline silicon wafers. These wafers serve as fundamental components for integrated circuits in applications ranging from consumer electronics and automotive systems to industrial machinery and telecommunications equipment.
The company’s product portfolio includes standard and advanced wafer technologies, such as silicon-on-insulator (SOI) wafers, epitaxial (epi) wafers, and specialty substrates designed for next-generation device architectures.
Read More
- Five stocks we like better than Sumco
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
- Why Palantir’s Google Cloud Deal Could Change the Debate
- AI’s Power Problem Is Turning Nuclear Stocks Into a Bigger Market Story
Receive News & Ratings for Sumco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumco and related companies with MarketBeat.com's FREE daily email newsletter.
