Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. United Micro Electronics ADR’s current trading price is -9.59% away from its 52-week high, while its distance from the 52-week low is 20.86%. The stock’s price range over this period has fluctuated between $6.71 and $8.97. The company, operating within the financial sector, had a trading volume of approximately 7.23 million for the day, which was noticeably lower than the average daily share volume of 7.57 million over the last 3 months.
The market performance of United Micro Electronics ADR’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $8.97 on 06/15/23, while the lowest value for the same duration was $6.71 on 08/16/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
United Micro Electronics ADR (UMC) has experienced a quarterly decline of -0.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.32B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.85, with a change in price of +0.69. Similarly, United Micro Electronics ADR recorded 7,145,957 in trading volume during the last 100 days, posting a change of +9.30%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for UMC stands at 0.22. Similarly, the long-term debt-to-equity ratio is also 0.14.
UMC Stock Stochastic Average
Today, United Micro Electronics ADR’s raw stochastic average for the past 50 days stands at 63.11%, indicating a rise from the raw stochastic average of the last 20 days, which was 62.56%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 63.55% and 73.18% respectively.
UMC Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -4.14%. However, over the past six months, we’ve seen a weaker performance of 11.25%. The price of UMC fallen by 3.97% over the last 30 days. And in the last five days, it has fallen by -0.86%.
