A new trading day began on November 20, 2023, with United Micro Electronics ADR (NYSE: UMC) stock priced at $7.88, up 1.40% from the previous day of trading. During the day, the shares moved up to $7.99 and dropped to $7.88 before settling in for the closing price of $7.85. UMC’s price has ranged from $6.48 to $8.97 over the past 52 weeks.
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 14.53%. Meanwhile, its annual earnings per share averaged -37.37%. With a float of $2.50 billion, this company’s outstanding shares have now reached $2.50 billion.
In terms of profitability, gross margin is +44.00, operating margin of +35.50, and the pretax margin is +38.73.
United Micro Electronics ADR (UMC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of United Micro Electronics ADR is 0.00%, while institutional ownership is 5.25%.
United Micro Electronics ADR (UMC) Latest Financial update
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.2 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +31.29 while generating a return on equity of 28.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -37.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.70% during the next five years compared to 55.72% growth over the previous five years of trading.
United Micro Electronics ADR (NYSE: UMC) Trading Performance Indicators
Here are United Micro Electronics ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.85, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.69 in one year’s time.
Technical Analysis of United Micro Electronics ADR (UMC)
The latest stats from [United Micro Electronics ADR, UMC] show that its last 5-days average volume of 6.63 million was inferior to 6.64 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 82.94%. Additionally, its Average True Range was 0.18.
During the past 100 days, United Micro Electronics ADR’s (UMC) raw stochastic average was set at 97.66%, which indicates a significant increase from 96.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.75% in the past 14 days, which was higher than the 27.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.28, while its 200-day Moving Average is $7.79. Now, the first resistance to watch is $8.01. This is followed by the second major resistance level at $8.05. The third major resistance level sits at $8.12. If the price goes on to break the first support level at $7.90, it is likely to go to the next support level at $7.83. The third support level lies at $7.79 if the price breaches the second support level.
United Micro Electronics ADR (NYSE: UMC) Key Stats
With a market capitalization of 19.90 billion, the company has a total of 2,500,950K Shares Outstanding. Currently, annual sales are 9,069 M while annual income is 2,912 M. The company’s previous quarter sales were 1,769 M while its latest quarter income was 495,000 K.