United Micro Electronics ADR (UMC) At $6.59 Offering A Unique Opportunity

United Micro Electronics ADR (NYSE:UMC) currently has a daily average trading volume of 11.97M but it saw 17575681 shares traded in last market. With a market cap of 16.51B USD, the company’s current market price of $6.59 came falling about -2.08 while comparing to the previous closing price of $6.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.00 and as low as $6.62. In the recent trading on the day, stock has struck highest price mark of $6.54 while lowest mark touched by it was $6.71.

Taking a look at 20-day trading activity of United Micro Electronics ADR (UMC) gives us an average price of $6.87, while its current price level is -26.78% below from 52-week high level whereas it is -0.53% 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 $7.45 while that of 200 days or SMA-200 reads an average of $8.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.82% during that period while stretching the period over a month that increases to 1.82%. 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 32.58 which implies that the stock is in neutral territory.

Over the week, UMC’s stock price is moving -1.49% down while it is -5.32% when we observe its performance for the past one month. Year-to-date it is -22.10% down and over the past year, the stock is showing a downside performance of -14.75%.

Currently, United Micro Electronics ADR’s total number of outstanding shares is 2.51B. Company’s return on investment (ROI) stands at 11.87% and return on equity (ROE) at 14.43%. It has a price to earnings ratio (P/E ratio) of 10.20 while having a 10.48 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 1.42 while price to sale or P/S ratio amounts to 2.33. Its return on asset (ROA) is 9.23% on average.