The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. United Micro Electronics ADR’s current trading price is -9.14% away from its 52-week high, while its distance from the 52-week low is 21.46%. The stock’s price range for this period has been between $6.71 and $8.97 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 9.96 million for the day, a number notably higher than the average daily volume of 7.89 million over the last three months.
United Micro Electronics ADR experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $8.97 on 06/15/23, while the lowest price for the same period was registered at $6.71 on 08/16/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
United Micro Electronics ADR (UMC) has experienced a quarterly rise of 6.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.42B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.96, with a change in price of +0.35. Similarly, United Micro Electronics ADR recorded 7,768,354 in trading volume during the last 100 days, posting a change of +4.49%.
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 0.20. Similarly, the long-term debt-to-equity ratio is also 0.13.
UMC Stock Stochastic Average
United Micro Electronics ADR’s raw stochastic average for the past 50 days is presently 70.18%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 82.47%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 51.20% and 40.32%, respectively.
UMC Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -3.66% this year. Over the last six months, there has been a weaker performance of 11.95%. The price of UMC fallen by 1.87% during the last 30 days period. For the last 5-days stocks have improved 4.62%.
