SUMCO (OTCMKTS:SUOPY) Shares Gap Down – Here’s Why

SUMCO (OTCMKTS:SUOPY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $42.73, but opened at $39.14. SUMCO shares last traded at $39.14, with a volume of 369 shares traded.

SUMCO Trading Up 0.2%

The company has a debt-to-equity ratio of 0.48, a current ratio of 3.21 and a quick ratio of 1.33. The stock has a market capitalization of $6.63 billion, a PE ratio of -43.56 and a beta of 1.35. The stock’s 50 day simple moving average is $27.61 and its two-hundred day simple moving average is $22.06.

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.