Sumco Co. (OTCMKTS:SUOPY) Short Interest Update

Sumco Co. (OTCMKTS:SUOPY) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,000 shares, a decrease of 98.9% from the September 30th total of 89,800 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 0.3 days.

Sumco Stock Down 0.6 %

Shares of Sumco stock traded down $0.13 during trading on Friday, reaching $19.11. The company’s stock had a trading volume of 927 shares, compared to its average volume of 5,972. Sumco has a 1-year low of $18.71 and a 1-year high of $34.84. The company has a 50-day simple moving average of $21.55 and a two-hundred day simple moving average of $27.21. The company has a quick ratio of 1.31, a current ratio of 2.44 and a debt-to-equity ratio of 0.44. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 15.29 and a beta of 1.08.

Sumco (OTCMKTS:SUOPY) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. The company had revenue of $672.00 million for the quarter, compared to the consensus estimate of $694.51 million. Sumco had a net margin of 6.66% and a return on equity of 4.15%. As a group, equities analysts forecast that Sumco will post 1.07 earnings per share for the current year.

Sumco Company Profile

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.