Navigating the Volatility of United Micro Electronics ADR’s (UMC) Stock

The stock of United Micro Electronics ADR (UMC) has gone down by -3.79% for the week, with a 1.82% rise in the past month and a 4.75% rise in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are 1.75% for UMC. The simple moving average for the last 20 days is -3.44% for UMC stock, with a simple moving average of 6.03% for the last 200 days.

Is It Worth Investing in United Micro Electronics ADR (NYSE: UMC) Right Now?

The price-to-earnings ratio for United Micro Electronics ADR (NYSE: UMC) is above average at 11.95x, Company’s 36-month beta value is 1.12.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for UMC is 2.51B, and currently, short sellers hold a 2.30% ratio of that floaft. The average trading volume of UMC on July 08, 2024 was 8.35M shares.

UMC) stock’s latest price update

United Micro Electronics ADR (NYSE: UMC)’s stock price has plunge by 0.48relation to previous closing price of 8.34. Nevertheless, the company has seen a -3.79% plunge in its stock price over the last five trading sessions. businesswire.com reported 2024-07-04 that SINGAPORE–(BUSINESS WIRE)–Mikael Skov, Chief Executive Officer of Hafnia Limited (“Hafnia”, the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”), has on 3 July 2024 sold 1,000,000 shares in Hafnia at a price of NOK 87.7775 per share on Oslo Børs. For more information see the attached mandatory notification of trade. This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trad.

UMC Trading at 0.16% 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 -6.89% of loss for the given period.

Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares sank -0.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.26% upper at present.

During the last 5 trading sessions, UMC fell by -3.79%, which changed the moving average for the period of 200-days by +16.07% in comparison to the 20-day moving average, which settled at $8.68. In addition, United Micro Electronics ADR saw -0.95% 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:

  • 0.24 for the present operating margin
  • 0.33 for the gross margin

The net margin for United Micro Electronics ADR stands at 0.24. The total capital return value is set at 0.11. Equity return is now at value 14.99, with 9.84 for asset returns.

Based on United Micro Electronics ADR (UMC), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 1.19. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 34.45.

Currently, EBITDA for the company is 94.17 billion with net debt to EBITDA at -0.44. When we switch over and look at the enterprise to sales, we see a ratio of 2.86. The receivables turnover for the company is 6.36for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.

Conclusion

In a nutshell, United Micro Electronics ADR (UMC) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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