Sumco (OTCMKTS:SUOPY) Hits New 52-Week Low – Time to Sell?

Shares of Sumco Co. (OTCMKTS:SUOPYGet Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as $18.60 and last traded at $18.86, with a volume of 4124 shares. The stock had previously closed at $19.59.

Sumco Stock Down 3.7 %

The firm has a fifty day moving average price of $20.64 and a 200 day moving average price of $26.23. The company has a quick ratio of 1.31, a current ratio of 2.44 and a debt-to-equity ratio of 0.44. The company has a market cap of $3.30 billion, a P/E ratio of 23.58 and a beta of 1.09.

Sumco (OTCMKTS:SUOPYGet Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The business had revenue of $672.00 million for the quarter, compared to analysts’ expectations of $694.51 million. Sumco had a return on equity of 4.15% and a net margin of 6.66%. Equities research analysts forecast that Sumco Co. will post 1.07 earnings per share for the current year.

About Sumco

(Get Free Report)

Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.

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