United Micro Electronics ADR (NYSE: UMC) Now $6.71 Higher From Its Low (1.37), Does It Still Have A Growth Story?

United Micro Electronics ADR (NYSE:UMC) currently has a daily average trading volume of 10.04M but it saw 26710148 shares traded in last market. With a market cap of 20.25B USD, the company’s current market price of $8.08 came falling about -3.46 while comparing to the previous closing price of $8.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.00 and as low as $6.71.

Taking a look at 20-day trading activity of United Micro Electronics ADR (UMC) gives us an average price of $8.03, while its current price level is -10.22% below from 52-week high level whereas it is 20.42% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.40 while that of 200 days or SMA-200 reads an average of $8.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.84% during that period while stretching the period over a month that decreases to 2.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.98 which implies that the stock is in neutral territory.

Over the week, UMC’s stock price is moving 8.75% up while it is -2.65% when we observe its performance for the past one month. Year-to-date it is -4.49% down and over the past year, the stock is showing an upside performance of 8.75%.

Currently, United Micro Electronics ADR’s total number of outstanding shares is 2.51B. Company’s return on investment (ROI) stands at 13.20% and return on equity (ROE) at 14.99%. It has a price to earnings ratio (P/E ratio) of 11.52 while having a 10.83 of forward P/E ratio. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 1.71 while price to sale or P/S ratio amounts to 2.85. Its return on asset (ROA) is 9.84% on average.