United Micro Electronics ADR (UMC) Shares Decline Despite Market Challenges

United Micro Electronics ADR (NYSE: UMC) has experienced a decline in its stock price by -3.00 compared to its previous closing price of 8.00. However, the company has seen a fall of -4.08% in its stock price over the last five trading days. zacks.com reported 2024-10-17 that Investors interested in Electronics – Semiconductors stocks are likely familiar with United Microelectronics Corporation (UMC) and GlobalFoundries Inc. (GFS). But which of these two stocks offers value investors a better bang for their buck right now?

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 11.62x, Company’s 36-month beta value is 1.11.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.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for UMC is 2.51B, and currently, short sellers hold a 1.92% ratio of that floaft. The average trading volume of UMC on October 18, 2024 was 13.79M shares.

UMC’s Market Performance

UMC’s stock has seen a -4.08% decrease for the week, with a -8.92% drop in the past month and a -1.27% fall in the past quarter. The volatility ratio for the week is 2.35%, and the volatility levels for the past 30 days are at 1.87% for United Micro Electronics ADR The simple moving average for the past 20 days is -6.23% for UMC’s stock, with a -5.23% simple moving average for the past 200 days.

UMC Trading at -8.25% 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 -13.78% of loss for the given period.

Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 2.35%, as shares sank -7.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.37% lower at present.

During the last 5 trading sessions, UMC fell by -3.96%, which changed the moving average for the period of 200-days by -3.36% in comparison to the 20-day moving average, which settled at $8.28. In addition, United Micro Electronics ADR saw -8.27% 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 2.56. 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

In a nutshell, United Micro Electronics ADR (UMC) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Most Popular

Related Posts