SUMCO (OTCMKTS:SUOPY – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 7,566 shares, an increase of 251.7% from the August 31st total of 2,151 shares. Based on an average trading volume of 24,499 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.
SUMCO Price Performance
SUOPY opened at $39.83 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.37 and a quick ratio of 1.53. The company has a market capitalization of $6.96 billion, a price-to-earnings ratio of -38.67 and a beta of 1.56. The firm’s fifty day moving average price is $42.63 and its two-hundred day moving average price is $39.89. SUMCO has a 1 year low of $14.55 and a 1 year high of $69.37.
SUMCO (OTCMKTS:SUOPY – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported ($0.16) EPS for the quarter. SUMCO had a negative net margin of 6.60% and a negative return on equity of 4.24%. The firm had revenue of $712.93 million during the quarter. As a group, analysts anticipate that SUMCO will post -0.62 earnings per share for the current fiscal year.
SUMCO Company Profile
SUMCO Corporation is a Japan-based manufacturer of semiconductor silicon wafers. The company supplies highly engineered silicon substrates used by semiconductor manufacturers to produce integrated circuits and other electronic components.
Its product portfolio includes polished silicon wafers, epitaxial wafers and other wafer products in a range of sizes and specifications, including large-diameter wafers used in advanced semiconductor manufacturing. SUMCO also provides wafer-related technical support and manufacturing services tailored to customer process requirements.
The company was formed through the integration of silicon-wafer operations formerly associated with Sumitomo Metal Industries and Mitsubishi Materials, and adopted the SUMCO name in 2002.
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