Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. United Micro Electronics ADR’s current trading price is -1.22% away from its 52-week high, while its distance from the 52-week low is 32.29%. The stock’s price range during this period has varied between $6.72 and $9.00. The company, active in the Technology sector, saw a trading volume of around 12.98 million for the day, considerably higher average daily volume of 11.87 million observed over the last three months.
United Micro Electronics ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $9.00 on 06/20/24, and the lowest price during the same period was recorded at $6.72 on 08/21/23.
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How Financial Performance Impacts Market Capitalization
United Micro Electronics ADR (UMC) has experienced a quarterly rise of 8.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.28B and boasts a workforce of 19833 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.23, with a change in price of +0.94. Similarly, United Micro Electronics ADR recorded 10,478,000 in trading volume during the last 100 days, posting a change of +11.82%.
How UMC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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 0.15.
UMC Stock Stochastic Average
As of today, the raw stochastic average of United Micro Electronics ADR over the past 50 days is 93.21%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 100.00%. Additionally, the Stochastic %K and %D values for the company were 96.95% and 96.93%, respectively, over the past 20 days.
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 gain of 5.08% this year. Over the last six months, there has been a weaker performance of 15.45%. The price of UMC fallen by 13.68% during the last 30 days period. For the last 5-days stocks have improved 4.47%.
