United Micro Electronics ADR (NYSE:UMC) shares, rose in value, with the stock price up by 1.32% to the previous day’s close as strong demand from buyers drove the stock to $7.70.
Actively observing the price movement in the last trading, the stock closed the session at $7.60. The PE ratio was 9.87 over 12-month period. Referring to stock’s 52-week performance, its high was $8.97, and the low was $6.71. On the whole, UMC has fluctuated by -3.63% over the past month.
The company’s Forward Dividend Ratio is 0.58, with its dividend yield at 7.48%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that UMC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of UMC currently trading nearly -2.73% and -2.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.97, while the 7-day volatility ratio is showing 2.88% which for the 30-day chart, stands at 2.06%. Furthermore, United Micro Electronics ADR (UMC)’s beta value is 1.15, and its average true range (ATR) is 0.19.
A comparison of United Micro Electronics ADR (UMC) with its peers suggests the former has fared considerably weaker in the market. UMC showed an intraday change of 1.32% in last session, and over the past year, it shrunk by -3.63%%.
Data on historical trading for United Micro Electronics ADR (NYSE:UMC) indicates that the trading volumes over the past 3 months, they’ve averaged 7.94 million. According to company’s latest data on outstanding shares, there are 2.51 billion shares outstanding.
Nearly 0.00% of United Micro Electronics ADR’s shares belong to company insiders and institutional investors own 5.07% of the company’s shares. The stock has fallen by -8.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UMC stock heading into the next quarter.
