United Micro Electronics ADR (NYSE: UMC) Now -24.22% Off Its High ($9.00), Does Analysts See Headwinds And Risks?

United Micro Electronics ADR (NYSE:UMC) currently has a daily average trading volume of 11.85M but it saw 5848546 shares traded in last market. With a market cap of 17.06B USD, the company’s current market price of $6.82 came rising about 1.34 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 $6.31. In the recent trading on the day, stock has struck highest price mark of $6.724 while lowest mark touched by it was $6.85.

Taking a look at 20-day trading activity of United Micro Electronics ADR (UMC) gives us an average price of $6.63, while its current price level is -24.22% below from 52-week high level whereas it is 8.08% 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 $7.00 while that of 200 days or SMA-200 reads an average of $7.97. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.87% during that period while stretching the period over a month that decreases to 2.08%. 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 52.31 which implies that the stock is in neutral territory.

Over the week, UMC’s stock price is moving 4.46% up while it is -0.87% when we observe its performance for the past one month. Year-to-date it is -19.74% down and over the past year, the stock is showing a downside performance of -14.80%.

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 10.51 while having a 10.81 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 1.46 while price to sale or P/S ratio amounts to 2.41. Its return on asset (ROA) is 9.23% on average.