The key reasons why United Micro Electronics ADR (UMC) is -8.81% away from 52-week high?

United Micro Electronics ADR (NYSE: UMC) open the trading on Thursday, remained unchanged to $8.18, before settling in for the price of $8.18 at the close. Taking a more long-term approach, UMC posted a 52-week range of $6.71-$8.97.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 9.36%. Meanwhile, its Annual Earning per share during the time was 52.18%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -16.85%. This publicly-traded company’s shares outstanding now amounts to $2.51 billion, simultaneously with a float of $2.51 billion. The organization now has a market capitalization sitting at $20.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $7.97, while the 200-day Moving Average is $7.63.

United Micro Electronics ADR (UMC) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductors industry. United Micro Electronics ADR’s current insider ownership accounts for 0.00%, in contrast to 4.99% institutional ownership.

United Micro Electronics ADR (UMC) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.17 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.15) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

United Micro Electronics ADR’s EPS decrease for this current 12-month fiscal period is -16.85% and is forecasted to reach 0.78 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -6.70% through the next 5 years, which can be compared against the 52.18% growth it accomplished over the previous five years trading on the market.

United Micro Electronics ADR (NYSE: UMC) Trading Performance Indicators

Let’s observe the current performance indicators for United Micro Electronics ADR (UMC). It’s Quick Ratio in the last reported quarter now stands at 1.82. The Stock has managed to achieve an average true range (ATR) of 0.16. Alongside those numbers, its PE Ratio stands at $10.48, and its Beta score is 1.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.87.

In the same vein, UMC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.78, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 0.78 at the market close of one year from today.

Technical Analysis of United Micro Electronics ADR (UMC)

[United Micro Electronics ADR, UMC] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 73.68% While, its Average True Range was 0.16.

Raw Stochastic average of United Micro Electronics ADR (UMC) in the period of the previous 100 days is set at 59.02%, which indicates a major fall in contrast to 65.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.11% that was lower than 26.92% volatility it exhibited in the past 100-days period.