In the past week, UMC stock has gone down by -0.37%, with a monthly gain of 1.90% and a quarterly plunge of -0.86%. The volatility ratio for the week is 1.94%, and the volatility levels for the last 30 days are 1.93% for United Micro Electronics ADR The simple moving average for the past 20 days is -1.32% for UMC’s stock, with a 5.49% simple moving average for the past 200 days.
Is It Worth Investing in United Micro Electronics ADR (NYSE: UMC) Right Now?
United Micro Electronics ADR (NYSE: UMC) has a higher price-to-earnings ratio of 10.33x compared to its average ratio. UMC has 36-month beta value of 1.14. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for UMC is 2.51B, and currently, short sellers hold a 2.33% ratio of that float. The average trading volume of UMC on April 08, 2024 was 7.61M shares.
UMC) stock’s latest price update
The stock price of United Micro Electronics ADR (NYSE: UMC) has surged by 0.75 when compared to previous closing price of 8.00, but the company has seen a -0.37% decline in its stock price over the last five trading sessions. New York Post reported 2024-04-03 that The island plays an outsized role in the global chip supply chain as it is home to the world’s largest chipmaker Taiwan Semiconductor Manufacturing, which supplies chips to Apple and Nvidia.
Analysts’ Opinion of UMC
HSBC Securities gave a rating of “Reduce” to UMC, setting the target price at $6.46 in the report published on April 27th of the previous year.
UMC Trading at 1.40% from the 50-Day Moving Average
After a stumble in the market that brought UMC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.14% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -2.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.83% lower at present.
During the last 5 trading sessions, UMC fell by -0.37%, which changed the moving average for the period of 200-days by -6.82% in comparison to the 20-day moving average, which settled at $8.16. In addition, United Micro Electronics ADR saw -4.73% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for UMC
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.35 for the gross margin
The net margin for United Micro Electronics ADR stands at 0.27. The total capital return value is set at 0.12. Equity return is now at value 17.33, with 11.02 for asset returns.
Based on United Micro Electronics ADR (UMC), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 1.17. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 38.17.
Currently, EBITDA for the company is 94.17 billion with net debt to EBITDA at -0.49. When we switch over and look at the enterprise to sales, we see a ratio of 2.68. The receivables turnover for the company is 6.71for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.18.
Conclusion
To put it simply, United Micro Electronics ADR (UMC) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
