United Micro Electronics ADR (UMC) is -13.95% away from 50-day simple Moving Average despite all headwinds

United Micro Electronics ADR (NYSE: UMC) on Friday, soared 3.22% from the previous trading day, before settling in for the closing price of $6.84. Within the past 52 weeks, UMC’s price has moved between $6.78 and $9.00.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 9.36%. The company achieved an average annual earnings per share of -20.17%. With a float of $2.51 billion, this company’s outstanding shares have now reached $2.51 billion.

The extent of productivity of a business whose workforce counts for 19833 workers is very important to gauge. In terms of profitability, gross margin is 32.5%, operating margin of 22.96%, and the pretax margin is 26.47%.

United Micro Electronics ADR (UMC) Insider and Institutional Ownership

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 5.42%.

United Micro Electronics ADR (UMC) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -20.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.17% 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 1.74 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 2.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.63 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 18.59 million was superior to 10.18 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.77%. Additionally, its Average True Range was 0.21.

During the past 100 days, United Micro Electronics ADR’s (UMC) raw stochastic average was set at 12.61%, which indicates a significant decrease from 19.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.06% in the past 14 days, which was lower than the 37.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.20, while its 200-day Moving Average is $8.16. Now, the first resistance to watch is $7.17. This is followed by the second major resistance level at $7.29. The third major resistance level sits at $7.41. If the price goes on to break the first support level at $6.93, it is likely to go to the next support level at $6.81. The third support level lies at $6.69 if the price breaches the second support level.

United Micro Electronics ADR (NYSE: UMC) Key Stats

Market capitalization of the company is 17.69 billion based on 2,505,965K outstanding shares. Right now, sales total 7,268 M and income totals 1,949 M. The company made 1,755 M in profit during its latest quarter, and 425,990 K in sales during its previous quarter.