Sumco (OTCMKTS:SUMCF) Shares Down 2.7% – Here’s What Happened

Sumco Co. (OTCMKTS:SUMCFGet Free Report)’s stock price was down 2.7% during mid-day trading on Wednesday . The company traded as low as $7.81 and last traded at $7.81. Approximately 2,020 shares changed hands during trading, a decline of 69% from the average daily volume of 6,480 shares. The stock had previously closed at $8.02.

Sumco Price Performance

The company has a 50 day simple moving average of $9.83 and a 200 day simple moving average of $12.78.

Sumco Company Profile

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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.

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