Sumco (OTCMKTS:SUOPY) Reaches New 52-Week Low – Should You Sell?

Sumco Co. (OTCMKTS:SUOPY)’s stock price hit a new 52-week low on Friday . The company traded as low as $18.60 and last traded at $18.86, with a volume of 4124 shares traded. The stock had previously closed at $19.59.

Sumco Price Performance

The firm’s 50 day moving average price is $20.71 and its two-hundred day moving average price is $26.34. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.44 and a quick ratio of 1.31. The stock has a market cap of $3.30 billion, a PE ratio of 18.99 and a beta of 1.09.

Sumco (OTCMKTS:SUOPY) last issued its earnings results on Wednesday, August 7th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.28. Sumco had a net margin of 6.66% and a return on equity of 4.15%. The business had revenue of $672.00 million for the quarter, compared to analysts’ expectations of $694.51 million. On average, research analysts expect that Sumco Co. will post 1.07 earnings per share for the current year.

About Sumco

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.