Sumco (OTCMKTS:SUOPY) Posts Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Sumco (OTCMKTS:SUOPY) posted its quarterly earnings data on Wednesday. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.13, Zacks reports. Sumco had a net margin of 5.25% and a return on equity of 3.25%.

Sumco Stock Down 9.9 %

Shares of SUOPY stock opened at $14.84 on Thursday. The firm’s fifty day moving average price is $15.08 and its two-hundred day moving average price is $19.03. Sumco has a 1 year low of $13.97 and a 1 year high of $34.84. The company has a current ratio of 2.51, a quick ratio of 1.20 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $2.60 billion, a P/E ratio of 18.62 and a beta of 1.01.

Sumco Company Profile

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.