Ideas And Forecasts On United Micro Electronics ADR (NYSE: UMC)

United Micro Electronics ADR (NYSE:UMC) currently has a daily average trading volume of 13.45M but it saw 13841079 shares traded in last market. With a market cap of 17.23B USD, the company’s current market price of $6.86 came rising about 0.44 while comparing to the previous closing price of $6.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.00 and as low as $5.61. In the recent trading on the day, stock has struck highest price mark of $6.77 while lowest mark touched by it was $6.9.

Taking a look at 20-day trading activity of United Micro Electronics ADR (UMC) gives us an average price of $6.62, while its current price level is -23.78% below from 52-week high level whereas it is 22.28% 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 $6.30 while that of 200 days or SMA-200 reads an average of $7.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.33% during that period while stretching the period over a month that increases to 2.35%. 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 61.03 which implies that the stock is in neutral territory.

Over the week, UMC’s stock price is moving 3.63% up while it is 7.52% when we observe its performance for the past one month. Year-to-date it is 5.70% up and over the past year, the stock is showing a downside performance of -14.46%.

Currently, United Micro Electronics ADR’s total number of outstanding shares is 2.51B. Company’s return on investment (ROI) stands at 10.97% and return on equity (ROE) at 12.65%. It has a price to earnings ratio (P/E ratio) of 11.77 while having a 11.21 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 2.38. Its return on asset (ROA) is 8.25% on average.