United Micro Electronics ADR [UMC] stock prices are up 1.23% to $6.58 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The UMC shares have lost -0.15% over the last week, with a monthly amount drifted -5.19%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
United Micro Electronics ADR [NYSE: UMC] stock has seen the most recent analyst activity on October 30, 2024, when JP Morgan downgraded its rating to a Neutral. Previously, Morgan Stanley downgraded its rating to Equal-Weight on October 28, 2024. On October 17, 2024, downgrade downgraded it’s rating to Neutral. Goldman upgraded its rating to a Buy. Citigroup upgraded its rating to a Buy. HSBC Securities upgraded its rating to Hold for this stock on January 25, 2024. In a note dated January 16, 2024, Goldman downgraded an Neutral rating on this stock.
The stock price of United Micro Electronics ADR [UMC] has been fluctuating between $6.31 and $9.00 over the past year. Currently, Wall Street analysts expect the stock to reach $7.4 within the next 12 months. United Micro Electronics ADR [NYSE: UMC] shares were valued at $6.58 at the most recent close of the market. An investor can expect a potential return of 12.46% based on the average UMC price forecast.
Analyzing the UMC fundamentals
The United Micro Electronics ADR [NYSE:UMC] reported sales of 7.09B for trailing twelve months, representing a surge of 3.94%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.14 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.47 points at the first support level, and at 6.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.79, and for the 2nd resistance point, it is at 6.99.
Ratios To Look Out For
It’s worth pointing out that United Micro Electronics ADR [NYSE:UMC]’s Current Ratio is 2.18. Also, the Quick Ratio is 1.74, while the Cash Ratio stands at 1.17. Considering the valuation of this stock, the price to sales ratio is 2.33, the price to book ratio is 1.42 and price to earnings (TTM) ratio is 10.19.
