United Micro Electronics ADR (NYSE: UMC) Recovers 21.73% From 52-Week Low, Is UMC Still A High-Risk, High-Reward Play?

United Micro Electronics ADR (NYSE:UMC) currently has a daily average trading volume of 14.06M but it saw 13794921 shares traded in last market. With a market cap of 20.77B USD, the company’s current market price of $8.29 remained unchanged while comparing to the previous closing price of $8.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.00 and as low as $6.81. In the recent trading on the day, stock has struck highest price mark of $8.24 while lowest mark touched by it was $8.386.

Taking a look at 20-day trading activity of United Micro Electronics ADR (UMC) gives us an average price of $8.50, while its current price level is -7.89% below from 52-week high level whereas it is 21.73% 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 $8.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% during that period while stretching the period over a month that increases to 2.18%. 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 43.95 which implies that the stock is in neutral territory.

Over the week, UMC’s stock price is moving -4.60% down while it is 0.61% when we observe its performance for the past one month. Year-to-date it is -2.01% down and over the past year, the stock is showing an upside performance of 17.92%.

Currently, United Micro Electronics ADR’s total number of outstanding shares is 2.51B. Company’s return on investment (ROI) stands at 13.31% and return on equity (ROE) at 15.63%. It has a price to earnings ratio (P/E ratio) of 12.41 while having a 11.29 of forward P/E ratio. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 1.89 while price to sale or P/S ratio amounts to 2.96. Its return on asset (ROA) is 9.35% on average.