SUMCO (OTCMKTS:SUOPY) Stock Price Up 10.1% – Here’s Why
by Kim Johansen · The Markets DailySUMCO (OTCMKTS:SUOPY – Get Free Report)’s stock price was up 10.1% during mid-day trading on Tuesday . The stock traded as high as $69.37 and last traded at $69.37. Approximately 331 shares were traded during trading, a decline of 95% from the average session volume of 6,672 shares. The stock had previously closed at $63.00.
SUMCO Stock Performance
The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 3.36. The company has a market cap of $11.59 billion, a price-to-earnings ratio of -76.18 and a beta of 1.50. The company has a fifty day moving average of $47.99 and a two-hundred day moving average of $31.10.
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.