SUMCO (OTCMKTS:SUOPY) Shares Gap Up – Here’s What Happened

Shares of SUMCO (OTCMKTS:SUOPYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $13.70, but opened at $15.41. SUMCO shares last traded at $15.41, with a volume of 320 shares changing hands.

SUMCO Stock Performance

The company has a market capitalization of $2.70 billion, a P/E ratio of 23.00 and a beta of 0.94. The firm has a 50 day moving average price of $13.67 and a two-hundred day moving average price of $14.34. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.30 and a current ratio of 2.87.

SUMCO (OTCMKTS:SUOPYGet Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.11 earnings per share for the quarter. SUMCO had a return on equity of 3.62% and a net margin of 4.39%. The company had revenue of $672.11 million for the quarter.

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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