Sumco (OTCMKTS:SUMCF) Shares Up 2.5% – Here’s Why

Sumco Co. (OTCMKTS:SUMCFGet Free Report)’s stock price rose 2.5% during mid-day trading on Tuesday . The company traded as high as $7.84 and last traded at $7.84. Approximately 335 shares were traded during trading, a decline of 94% from the average daily volume of 5,909 shares. The stock had previously closed at $7.65.

Sumco Stock Performance

The business has a fifty day moving average of $8.06 and a 200-day moving average of $10.91.

About Sumco

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Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.

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