SUMCO (OTCMKTS:SUOPY – Get Free Report) fell 23% on Friday . The stock traded as low as $46.31 and last traded at $46.9484. 1,628 shares traded hands during trading, a decline of 76% from the average daily volume of 6,683 shares. The stock had previously closed at $61.00.
SUMCO Trading Down 10.9%
The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 3.36. The stock has a market capitalization of $8.63 billion, a PE ratio of -56.70 and a beta of 1.50. The business’s 50-day moving average is $49.58 and its two-hundred day moving average is $32.14.
About SUMCO
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.
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