Should You Buy United Microelectronics Corp (UMC) Stock Friday Morning?

Friday, March 22, 2024 08:33 AM | InvestorsObserver Analysts

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United Microelectronics Corp (UMC) is lower by Friday morning, with the stock losing -1.32% in pre-market trading to 8.23. UMC's short-term technical score of 29 indicates that the stock has traded less bullishly over the last month than 71% of stocks on the market. In the Semiconductors industry, which ranks 67 out of 146 industries, UMC ranks higher than 26% of stocks. United Microelectronics Corp has risen 7.34% over the past month, closing at $7.56 on February 23. During this period of time, the stock fell as low as $7.54 and as high as $8.49. UMC has an average analyst recommendation of Strong Buy. The company has an average price target of $8.09.

UMC has an Overall Score of 28. Find out what this means to you and get the rest of the rankings on UMC!
United Microelectronics Corp has a Long-Term Technical rank of 52. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 48% of the market scoring higher. In the Semiconductors industry which is number 71 by this metric, UMC ranks better than 71% of stocks.

Important Dates for Investors in UMC:

-United Microelectronics Corp is set to release earnings on 2024-04-24. Over the last 12 months, the company has reported EPS of $7.16. -We do not have a set dividend date for United Microelectronics Corp at this time. Click Here To Get The Full Report on United Microelectronics Corp (UMC)

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