SUMCO (OTCMKTS:SUOPY) Shares Gap Down – Time to Sell?
by Jessica Moore · The Cerbat GemSUMCO (OTCMKTS:SUOPY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $42.73, but opened at $39.14. SUMCO shares last traded at $39.14, with a volume of 369 shares changing hands.
SUMCO Trading Down 3.6%
The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.33 and a current ratio of 3.21. The company has a 50 day simple moving average of $26.95 and a two-hundred day simple moving average of $21.83. The company has a market cap of $6.63 billion, a PE ratio of -43.55 and a beta of 1.35.
About SUMCO
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.