United Microelectronics Corpora with ticker code (UMC) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 9.7 and 5.3 calculating the average target price we see $7.68. Now with the previous closing price of $8.42 this now indicates there is a potential downside of -8.8%. The day 50 moving average is $8.40 and the 200 moving average now moves to $7.16. The total market capitalization for the company now stands at $21,046m. Visit the company website at: https://www.umc.com
The potential market cap would be $19,196m 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. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
The company has a dividend yield of 5.97% with the ex dividend date set at 21-6-2022 (DMY).
Other points of data to note are a P/E ratio of 7.41, revenue per share of 113.25 and a 13.01% return on assets.
