SUMCO (OTCMKTS:SUOPY) Cut to Strong Sell at Sanford C. Bernstein

Sanford C. Bernstein lowered shares of SUMCO (OTCMKTS:SUOPY) from a hold rating to a strong sell rating in a research report sent to investors on Friday,Zacks.com reports.

Separately, Nomura Securities upgraded SUMCO to a “strong-buy” rating in a research report on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

SUMCO Trading Up 3.4%

Shares of SUOPY stock opened at $22.44 on Friday. SUMCO has a 1 year low of $10.29 and a 1 year high of $24.15. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.97 and a quick ratio of 1.28. The stock’s 50 day simple moving average is $19.51 and its two-hundred day simple moving average is $16.24. The company has a market cap of $3.93 billion, a PE ratio of 57.54 and a beta of 1.18.

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.