United Microelectronics Corpora which can be found using ticker (UMC) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 9.4 and 5.3 suggesting an average Analsyt target price of $7.62. Given that the stocks previous close was at $8.03 this would indicate that there is a downside of -5.1%. The 50 day moving average now sits at $8.35 and the 200 day moving average is $7.24. The company has a market cap of $19,980m. Visit the company website at: https://www.umc.com
The potential market cap would be $18,960m based on the market consensus.
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. The company was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
The company has a dividend yield of 6.26% with the ex dividend date set at 21-6-2022 (DMY).
Other points of data to note are a P/E ratio of 7.13, revenue per share of 109.36 and a 11.62% return on assets.
