Sumco (OTCMKTS:SUOPY) Posts Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Sumco (OTCMKTS:SUOPY) announced its quarterly earnings results on Friday. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.23 by $0.13, Zacks reports. Sumco had a return on equity of 3.25% and a net margin of 5.25%.

Sumco Stock Down 1.8 %

Shares of OTCMKTS SUOPY traded down $0.27 during trading hours on Friday, hitting $14.90. The stock had a trading volume of 6,057 shares, compared to its average volume of 4,524. The firm’s 50-day moving average price is $15.13 and its two-hundred day moving average price is $19.55. Sumco has a 52 week low of $13.97 and a 52 week high of $34.84. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.20 and a current ratio of 2.51. The company has a market capitalization of $2.61 billion, a P/E 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.