United Micro Electronics ADR’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

United Micro Electronics ADR ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $8.97 on 06/15/23, while the lowest value for the same period was recorded at $6.71 on 08/16/23.

52-week price history of UMC Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. United Micro Electronics ADR’s current trading price is -8.36% away from its 52-week high, while its distance from the 52-week low is 22.50%. The stock’s price range during this period has spanned from $6.71 to $8.97. In the Technology sector, the United Micro Electronics ADR’s shares surpassed a trading volume of approximately 6.18 million for the day, which was noticeably lower compared to the average daily volume of 9.7.79 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

United Micro Electronics ADR (UMC) has experienced a quarterly rise of 5.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.60B.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.96, with a change in price of +0.24. Similarly, United Micro Electronics ADR recorded 7,668,396 in trading volume during the last 100 days, posting a change of +3.01%.

Examining UMC’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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

Today’s raw stochastic average for United Micro Electronics ADR over the last 50 days is 76.32%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 100.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 93.00% and 85.42%, respectively.

UMC Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -2.84%.However, over the last six months, we can see a weaker performance of 7.31%. Over the last 30 days, the price of UMC has fallen by 5.12%. And in the last five days, it has surged by 3.40%.

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