SUMCO (OTCMKTS:SUOPY) Upgraded at Nomura Securities

Nomura Securities upgraded shares of SUMCO (OTCMKTS:SUOPY) to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

SUMCO Stock Up 4.0%

Shares of SUOPY opened at $20.52 on Monday. The firm has a market cap of $3.59 billion, a P/E ratio of 52.62 and a beta of 1.09. SUMCO has a 12-month low of $10.29 and a 12-month high of $22.57. The company’s 50-day moving average price is $17.56 and its 200 day moving average price is $15.28. The company has a current ratio of 2.97, a quick ratio of 1.28 and a debt-to-equity ratio of 0.50.

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.