Sumco Co. (OTCMKTS:SUMCF – Get Free Report) shares traded down 10.6% during mid-day trading on Monday . The stock traded as low as $9.83 and last traded at $9.83. 51,906 shares changed hands during mid-day trading, an increase of 625% from the average session volume of 7,163 shares. The stock had previously closed at $11.00.
Sumco Trading Down 10.6%
The firm has a 50-day simple moving average of $9.06 and a two-hundred day simple moving average of $9.31.
About Sumco
Sumco Corporation is a Tokyo-based manufacturer specializing in high-purity silicon wafers, a critical substrate for semiconductor device fabrication. Established in 1999 through the merger of the silicon wafer operations of Sumitomo Metal Industries and Mitsubishi Materials, the company has grown to become one of the world’s leading suppliers of mono- and polycrystalline silicon wafers. These wafers serve as fundamental components for integrated circuits in applications ranging from consumer electronics and automotive systems to industrial machinery and telecommunications equipment.
The company’s product portfolio includes standard and advanced wafer technologies, such as silicon-on-insulator (SOI) wafers, epitaxial (epi) wafers, and specialty substrates designed for next-generation device architectures.
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