SUMCO (OTCMKTS:SUOPY) Hits New 52-Week High – Should You Buy?

SUMCO (OTCMKTS:SUOPY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $28.42 and last traded at $27.89, with a volume of 6063 shares. The stock had previously closed at $27.0120.

SUMCO Price Performance

The company has a current ratio of 3.21, a quick ratio of 1.33 and a debt-to-equity ratio of 0.48. The company has a 50 day moving average price of $21.82 and a 200 day moving average price of $20.08. The company has a market capitalization of $4.88 billion, a P/E ratio of -61.98 and a beta of 1.08.

SUMCO (OTCMKTS:SUOPY) last issued its earnings results on Tuesday, February 10th. The company reported ($0.40) EPS for the quarter. The business had revenue of $683.19 million for the quarter. SUMCO had a negative return on equity of 1.76% and a negative net margin of 2.82%.

SUMCO Company Profile

SUMCO Corporation (OTCMKTS: SUOPY) is a premier global supplier of silicon wafers, a foundational material used in the fabrication of semiconductor devices. The company specializes in producing single-crystal silicon wafers in diameters ranging from 150 mm to 300 mm, serving high-performance applications in memory, logic, power devices and discrete components. In addition to its core wafer business, SUMCO offers epitaxial wafers and specialty silicon products designed to meet the exacting requirements of next-generation semiconductor nodes and power electronics.

Founded in 1975 as a spin-off from Mitsubishi Silicon, SUMCO has grown through strategic investments in research and development to advance wafer quality, diameter scaling and defect reduction.