United Micro Electronics ADR (NYSE: UMC) on Monday, remained unchanged from the previous trading day, before settling in for the closing price of $7.79. Within the past 52 weeks, UMC’s price has moved between $6.71 and $8.97.
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A company in the Technology sector has jumped its sales by 9.36% annually for the last half of the decade. The company achieved an average annual earnings per share of -23.06%. With a float of $2.51 billion, this company’s outstanding shares have now reached $2.51 billion.
United Micro Electronics ADR (UMC) Insider Updates
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of United Micro Electronics ADR is 0.00%, while institutional ownership is 5.07%.
United Micro Electronics ADR (UMC) Performance Highlights and Predictions
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.2 earnings per share (EPS) for the period topping the consensus outlook (set at 0.16) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -23.06% 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 52.18% growth over the previous five years of trading.
United Micro Electronics ADR (NYSE: UMC) Trading Performance Indicators
United Micro Electronics ADR (UMC) is currently performing well based on its current performance indicators. A quick ratio of 1.92 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.70, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.72 in one year’s time.
Technical Analysis of United Micro Electronics ADR (UMC)
Let’s dig in a bit further. During the last 5-days, its volume was 9.89 million. That was better than the volume of 7.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.97%. 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 33.08%, which indicates a significant decrease from 45.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.58% in the past 14 days, which was lower than the 27.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.93, while its 200-day Moving Average is $7.62. However, in the short run, United Micro Electronics ADR’s stock first resistance to watch stands at $7.84. Second resistance stands at $7.88. The third major resistance level sits at $7.96. If the price goes on to break the first support level at $7.71, it is likely to go to the next support level at $7.63. Assuming the price breaks the second support level, the third support level stands at $7.59.
United Micro Electronics ADR (NYSE: UMC) Key Stats
Market capitalization of the company is 19.52 billion based on 2,500,950K outstanding shares. Right now, sales total 7,143 M and income totals 1,958 M. The company made 1,790 M in profit during its latest quarter, and 430,000 K in sales during its previous quarter.
