Sumco (SUOPY) Downgraded to Hold at ValuEngine

ValuEngine lowered shares of Sumco (OTCMKTS:SUOPY) from a buy rating to a hold rating in a research report released on Thursday morning.

Separately, Zacks Investment Research upgraded shares of Sumco from a hold rating to a strong-buy rating and set a $36.00 target price for the company in a report on Friday, October 6th.

Sumco (OTCMKTS:SUOPY) opened at $49.70 on Thursday. Sumco has a 12-month low of $24.16 and a 12-month high of $55.26. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.21 and a current ratio of 3.13. The firm has a market cap of $7,290.00, a PE ratio of 65.39 and a beta of 1.04.

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About Sumco

SUMCO Corporation, together with its subsidiaries, manufactures and sells silicon wafers for the semiconductor industry in Japan, North America, Asia, and Europe. It offers monocrystalline ingots, polished wafers, annealed wafers, epitaxial wafers, junction isolated wafers, silicon-on-insulator wafers, and reclaimed polished wafers.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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