Sumco (OTCMKTS:SUMCF) Stock Price Down 7.2% – Should You Sell?

Sumco Co. (OTCMKTS:SUMCFGet Free Report)’s stock price dropped 7.2% on Tuesday . The stock traded as low as $7.99 and last traded at $7.99. Approximately 9,356 shares changed hands during mid-day trading, an increase of 91% from the average daily volume of 4,886 shares. The stock had previously closed at $8.61.

Sumco Stock Down 7.2%

The company’s fifty day moving average price is $7.61 and its two-hundred day moving average price is $7.37.

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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