Sumco (OTCMKTS:SUOPY) Shares Up 0.4% – Time to Buy?

Sumco Co. (OTCMKTS:SUOPYGet Free Report) rose 0.4% during trading on Thursday . The stock traded as high as $15.49 and last traded at $15.27. Approximately 11,287 shares changed hands during trading, an increase of 166% from the average daily volume of 4,247 shares. The stock had previously closed at $15.22.

Sumco Price Performance

The stock has a 50-day moving average of $16.32 and a two-hundred day moving average of $21.81. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 19.09 and a beta of 1.01. The company has a current ratio of 2.51, a quick ratio of 1.20 and a debt-to-equity ratio of 0.45.

About Sumco

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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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