Sumco (OTCMKTS:SUMCF) Shares Up 7.6% – Should You Buy?

Shares of Sumco Co. (OTCMKTS:SUMCFGet Free Report) were up 7.6% on Friday . The company traded as high as $8.40 and last traded at $8.39. Approximately 902 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 4,811 shares. The stock had previously closed at $7.80.

Sumco Stock Up 7.6%

The company has a fifty day moving average of $7.18 and a two-hundred day moving average of $7.28.

Sumco Company Profile

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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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