Shares of SUMCO CORP/ADR (OTCMKTS:SUOPY) have received an average recommendation of “Buy” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.
SUOPY has been the topic of a number of research reports. Zacks Investment Research lowered shares of SUMCO CORP/ADR from a “hold” rating to a “strong sell” rating in a research note on Thursday. Citigroup initiated coverage on shares of SUMCO CORP/ADR in a research note on Friday, July 17th. They issued a “buy” rating on the stock. Goldman Sachs Group initiated coverage on shares of SUMCO CORP/ADR in a research note on Friday, July 17th. They issued a “conviction-buy” rating on the stock. Finally, ValuEngine upgraded SUMCO CORP/ADR from a “sell” rating to a “hold” rating in a report on Monday, August 3rd.
SUOPY stock opened at $27.00 on Thursday. The firm has a market cap of $3.93 billion, a P/E ratio of 15.88 and a beta of 1.54. SUMCO CORP/ADR has a 52-week low of $19.61 and a 52-week high of $35.45. The company’s 50-day simple moving average is $28.03 and its 200-day simple moving average is $28.70. The company has a quick ratio of 1.24, a current ratio of 2.92 and a debt-to-equity ratio of 0.31.
About SUMCO CORP/ADR
Sumco Corporation, together with its subsidiaries, manufactures and sells silicon wafers for the semiconductor industry in Japan, North America, Asia, and Europe. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.
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