The -13.88% Decline of United Micro Electronics ADR’s (UMC) Stock in the Past Quarter

In the past week, UMC stock has gone down by -4.35%, with a monthly decline of -1.30% and a quarterly plunge of -3.58%. The volatility ratio for the week is 1.93%, and the volatility levels for the last 30 days are 2.05% for United Micro Electronics ADR The simple moving average for the past 20 days is -1.72% for UMC’s stock, with a 1.90% simple moving average for the past 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 12.50x, which is above its average ratio. Moreover, the 36-month beta value for UMC is 1.12. Analysts have varying 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 1.85% of that float. On October 07, 2024, UMC’s average trading volume was 14.08M shares.

UMC) stock’s latest price update

United Micro Electronics ADR (NYSE: UMC)’s stock price has increased by 0.72 compared to its previous closing price of 8.29. However, the company has seen a -4.35% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-10-03 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

UMC Trading at -0.78% 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 -7.22% of loss for the given period.

Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +0.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.38% upper at present.

During the last 5 trading sessions, UMC fell by -4.35%, which changed the moving average for the period of 200-days by +3.34% in comparison to the 20-day moving average, which settled at $8.50. In addition, United Micro Electronics ADR saw -1.30% 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:

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

The net margin for United Micro Electronics ADR stands at 0.23. The total capital return value is set at 0.11. Equity return is now at value 15.63, with 9.35 for asset returns.

Based on United Micro Electronics ADR (UMC), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 1.42. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 32.23.

Currently, EBITDA for the company is 94.17 billion with net debt to EBITDA at -0.53. When we switch over and look at the enterprise to sales, we see a ratio of 2.78. The receivables turnover for the company is 6.34for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.

Conclusion

To wrap up, the performance of United Micro Electronics ADR (UMC) has been bad in recent times. The stock has received a mixed of “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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