Sumco (OTCMKTS:SUMCF) Stock Price Down 1.3% – Should You Sell?

Sumco Co. (OTCMKTS:SUMCFGet Free Report) shares dropped 1.3% on Wednesday . The company traded as low as $8.90 and last traded at $9.11. Approximately 2,267 shares changed hands during trading, a decline of 54% from the average daily volume of 4,951 shares. The stock had previously closed at $9.2280.

Sumco Price Performance

The stock’s 50 day simple moving average is $9.71 and its 200 day simple moving average is $8.80.

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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