Sumco (OTCMKTS:SUOPY) Issues Earnings Results

Sumco (OTCMKTS:SUOPY) released its earnings results on Friday. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13, Zacks reports. Sumco had a net margin of 5.25% and a return on equity of 3.25%.

Sumco Stock Performance

OTCMKTS:SUOPY traded down $0.27 during trading hours on Friday, hitting $14.90. 6,057 shares of the company traded hands, compared to its average volume of 4,524. The firm has a 50-day moving average of $15.13 and a 200 day moving average of $19.55. Sumco has a twelve month low of $13.97 and a twelve month high of $34.84. The company has a current ratio of 2.51, a quick ratio of 1.20 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 18.62 and a beta of 1.01.

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.