Sumco (OTCMKTS:SUMCF) Trading 3.2% Higher – Should You Buy?

Shares of Sumco Co. (OTCMKTS:SUMCFGet Free Report) traded up 3.2% during trading on Thursday . The stock traded as high as $8.20 and last traded at $8.20. 1,012 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 4,113 shares. The stock had previously closed at $7.94.

Sumco Stock Performance

The business’s 50-day moving average is $7.56 and its 200 day moving average is $9.19.

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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