United Micro Electronics ADR (NYSE: UMC) Now $5.61 Higher From Its Low (1.24), Does It Still Have A Growth Story?

United Micro Electronics ADR (NYSE:UMC) currently has a daily average trading volume of 15.45M but it saw 17255267 shares traded in last market. With a market cap of 17.21B USD, the company’s current market price of $6.85 came falling about -0.87 while comparing to the previous closing price of $6.91. 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 $6.72 while lowest mark touched by it was $6.93.

Taking a look at 20-day trading activity of United Micro Electronics ADR (UMC) gives us an average price of $6.67, while its current price level is -23.89% below from 52-week high level whereas it is 22.10% 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 $6.55 while that of 200 days or SMA-200 reads an average of $7.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.21% during that period while stretching the period over a month that increases to 4.71%. 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 54.87 which implies that the stock is in neutral territory.

Over the week, UMC’s stock price is moving 1.18% up while it is 0.29% when we observe its performance for the past one month. Year-to-date it is 5.55% up and over the past year, the stock is showing a downside performance of -12.40%.

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 11.75 while having a 11.33 of forward P/E ratio. Stock’s beta reads 1.05. 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.