SUMCO (OTCMKTS:SUOPY – Get Free Report) shares were down 23% during mid-day trading on Friday . The company traded as low as $46.31 and last traded at $46.9484. 1,628 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 6,683 shares. The stock had previously closed at $61.00.
SUMCO Trading Down 11.8%
The company has a quick ratio of 1.51, a current ratio of 3.36 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $8.54 billion, a PE ratio of -56.15 and a beta of 1.50. The stock’s fifty day simple moving average is $49.52 and its 200 day simple moving average is $32.02.
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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