While United Micro Electronics ADR has underperformed by -1.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, UMC fell by -15.90%, with highs and lows ranging from $9.00 to $6.54, whereas the simple moving average fell by -18.32% in the last 200 days.
On October 30, 2024, JP Morgan Downgraded United Micro Electronics ADR (NYSE: UMC) to Neutral. A report published by Morgan Stanley on October 28, 2024, Downgraded its rating to ‘Equal-Weight’ for UMC. Citigroup April 24, 2024d its ‘Neutral’ rating to ‘Buy’ for UMC, as published in its report on April 24, 2024. Goldman also rated the stock as ‘Neutral’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of United Micro Electronics ADR (UMC)
The current dividend for UMC investors is set at $0.46 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 3.94%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of United Micro Electronics ADR’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 14.43% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.74, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and UMC is recording an average volume of 11.79M. On a monthly basis, the volatility of the stock is set at 1.90%, whereas on a weekly basis, it is put at 1.86%, with a loss of -2.67% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.60, showing decline from the present price of $6.56, which can serve as yet another indication of whether UMC is worth investing in or should be passed over.
How Do You Analyze United Micro Electronics ADR Shares?
United Micro Electronics ADR (UMC) is based in the Taiwan and is one of the most prominent companies operating in the Semiconductors market. When comparing United Micro Electronics ADR shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 10.16, there is a growth in quarterly earnings of -11.07%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.00%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 6.54% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
UMC shares are owned by institutional investors to the tune of 6.54% at present.
