Sumco (OTCMKTS:SUMCF) Trading Up 3.2% – Here’s What Happened

Shares of Sumco Co. (OTCMKTS:SUMCFGet Free Report) rose 3.2% during trading on Thursday . The stock traded as high as $8.20 and last traded at $8.20. Approximately 1,012 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 4,113 shares. The stock had previously closed at $7.94.

Sumco Price Performance

The company’s 50 day simple moving average is $7.57 and its 200 day simple moving average is $9.15.

About Sumco

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Sumco Corporation manufactures and sells silicon wafers for the semiconductor industry in Japan, the United States, China, Taiwan, Korea, and internationally. It provides monocrystalline ingots, as well as polished, annealed, epitaxial, junction isolated, silicon-on-insulator, and reclaimed polished wafers.

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