A new trading day began on Friday, with United Micro Electronics ADR (NYSE: UMC) stock price down -0.16% from the previous day of trading, before settling in for the closing price of $6.40. UMC’s price has ranged from $6.37 to $9.00 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 9.36%. Meanwhile, its annual earnings per share averaged -20.49%. With a float of $2.51 billion, this company’s outstanding shares have now reached $2.51 billion.
Let’s determine the extent of company efficiency that accounts for 19833 employees. In terms of profitability, gross margin is 32.0%, operating margin of 22.18%, and the pretax margin is 25.15%.
United Micro Electronics ADR (UMC) Insider Activity
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 6.54%.
United Micro Electronics ADR (UMC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -20.49% 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
Here are United Micro Electronics ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.63 in one year’s time.
Technical Analysis of United Micro Electronics ADR (UMC)
Looking closely at United Micro Electronics ADR (NYSE: UMC), its last 5-days average volume was 10.86 million, which is a jump from its year-to-date volume of 10.32 million. As of the previous 9 days, the stock’s Stochastic %D was 14.86%. Additionally, its Average True Range was 0.15.
During the past 100 days, United Micro Electronics ADR’s (UMC) raw stochastic average was set at 3.03%, which indicates a significant decrease from 12.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.96% in the past 14 days, which was lower than the 36.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.22, while its 200-day Moving Average is $8.01. However, in the short run, United Micro Electronics ADR’s stock first resistance to watch stands at $6.45. Second resistance stands at $6.50. The third major resistance level sits at $6.57. If the price goes on to break the first support level at $6.32, it is likely to go to the next support level at $6.25. Should the price break the second support level, the third support level stands at $6.20.
United Micro Electronics ADR (NYSE: UMC) Key Stats
With a market capitalization of 16.01 billion, the company has a total of 2,505,965K Shares Outstanding. Currently, annual sales are 7,268 M while annual income is 1,949 M. The company’s previous quarter sales were 1,875 M while its latest quarter income was 448,630 K.
