United Micro Electronics ADR [NYSE: UMC] jumped around 0.22 points on Friday, while shares priced at $7.06 at the close of the session, up 3.22%.
Compared to the average trading volume of 12.99M shares, UMC reached a trading volume of 22439953 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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
What do top market gurus say about United Micro Electronics ADR [UMC]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UMC shares is $5.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UMC stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for United Micro Electronics ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 30, 2024. The new note on the price target was released on October 28, 2024, representing the official price target for United Micro Electronics ADR stock.
The Average True Range (ATR) for United Micro Electronics ADR is set at 0.21, with the Price to Sales ratio for UMC stock in the period of the last 12 months amounting to 2.50. The Price to Book ratio for the last quarter was 1.52, with the Price to Cash per share for the same quarter was set at 1.44.
How has UMC stock performed recently?
United Micro Electronics ADR [UMC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.90. With this latest performance, UMC shares dropped by -14.84% in over the last four-week period, additionally sinking by -13.37% over the last 6 months – not to mention a drop of -3.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UMC stock in for the last two-week period is set at 28.88, with the RSI for the last a single of trading hit 27.11, and the three-weeks RSI is set at 32.22 for United Micro Electronics ADR [UMC]. The present Moving Average for the last 50 days of trading for this stock 8.20, while it was recorded at 7.14 for the last single week of trading, and 8.16 for the last 200 days.
United Micro Electronics ADR [UMC]: Deeper insight into the fundamentals
United Micro Electronics ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.74 and a Current Ratio set at 2.18.
Earnings analysis for United Micro Electronics ADR [UMC]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UMC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for United Micro Electronics ADR go to 2.17%.
Insider trade positions for United Micro Electronics ADR [UMC]
The top three institutional holders of UMC stocks are: BLACKROCK INC. with ownership of 23.11 million shares, which is approximately 0.1861%. VANGUARD GROUP INC, holding 15.22 million shares of the stock with an approximate value of $$133.31 million in UMC stocks shares; and VANGUARD GROUP INC, currently with $$74.76 million in UMC stock with ownership which is approximately 0.0687%.
